Harriet Cross

Harriet Cross

Conservative — Gordon and Buchan

Speaking in the House of Commons on 24 March 2026

Debate

Oil and Gas

Contribution

On the energy profits levy, the Office for Budget Responsibility’s forecast last year downgraded the expected income from oil and gas by 40% between March and November, and by another 20% between November and March this year. By 2030, we are now expecting only £100 million from a sector that used to bring home billions. That is because of the EPL and the ban on licences. That is the impact that Labour is having on the oil and gas sector.

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