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Transcripts for BBCNEWS World Business Report 20240604 04:38:00

mentioned, and changing the times like this in a handbrake fashion is only going to damage investment levels in the uk north sea. what does it mean in practice for north sea oil? in practice, they will be less investment. when the uk north sea is on our print trajectory to produce less and less over time, it will only happen faster if less wells are drilled and there is less activity. it leads to less taxes in the long term, and also fewerjobs. it taxes in the long-term, and also fewerjobs. taxes in the long-term, and also fewerjobs. also fewer “obs. it is possible that the also fewerjobs. it is possible that the energy also fewerjobs. it is possible that the energy price - also fewerjobs. it is possible that the energy price will- also fewerjobs. it is possible | that the energy price will have to go up again. 0riginally, this was billed as a windfall tax, you could see the chancellor clearly very cha ncellor clearly very u ncomforta ble chancellor clearly very uncomfortable with

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