David Cameron and Alex Salmond have hit the headlines after clashing over the future of Scotland's gas and
oil industry.
During a visit to Aberdeen, the prime minister said that he wanted the city to continue to be the centre for global investment in the oil industry for decades to come, but the first minister claimed that the £2 billion industry tax hike had damaged to confidence of the industry in Scotland.
Both MPs welcomed the BP agreement for a £4.5 billion project off the coast of the Shetlands, however Mr Salmond used the opportunity to criticise the tax increases levelled at the oil industry recently.
"With up to 40 per cent of oil and gas reserves still to be extracted, and well over half of the revenues still to be generated, the UK government needs to give more certainty to the industry and restore confidence that has been badly dented by the Treasury's conduct this year," Mr Salmond said.
Product directory
-(1).jpg)
