Rachel Reeves

Rachel Reeves

Labour — Leeds West and Pudsey

Speaking in the House of Commons on 10 March 2026

Debate

Topical Questions

Contribution

Alongside the Budget last year, we published the new North sea oil and gas strategy, which, for example, allows tie-backs, so that more use can be made of existing fields. The previous Government brought in the energy profits levy when energy companies’ profits went through the roof after Russia’s invasion of Ukraine. That is still in place, so that when prices are high, we can bring money in to help people with their bills.

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