Finance

UK counting on tax windfall from North Sea oil and gas sector

Surging commodity prices set to benefit public purse by extra average £1.4bn per year

Budget day: UK Chancellor of the Exchequer Rishi Sunak holds the budget box outside Downing Street in London earlier on Wednesday
Budget day: UK Chancellor of the Exchequer Rishi Sunak holds the budget box outside Downing Street in London earlier on WednesdayPhoto: REUTERS/SCANPIX
London
United KingdomNorth SeaEuropeWestern Europe
Published 27 October 2021, 13:56Updated 27 October 2021, 14:49