George Osborne announces North Sea oil tax breaks

George Osborne announces North Sea oil tax breaks; SCOTLAND: Glasgow: EXT George Osborne MP (Chancellor of the Exchequer) interview SOT - This morning UK governmenrt is announcing new incentives for jobs in North sea oil and gas / Tax allowance for existing brownfields to get last drop of oil out of north sea / Create hundreds of jobs and sign of our commitment for industry / Tthere is a very specific challenge, with some of the older oil and gas fields with a little help can be continued / Companies have come to us and said they will create more jobs and investment / Make sure we use everything we can in the North Sea, such a fantastic industry for UK and Scotland, want to prolong its life / We have been talking to some of of the oil companies and gas companies / They think it will create additional jobs, new businesses across whole of Scotland, sign of commitment of government to Scotland economy and Scotland's future / Market reaction to European Central Bank decision / Think its a very welcome announcement from the ECB / We have been saying for two years we want institutions for the euro to get behind their currency / In interests of europe and the people of UK / One of the things that has hit the UK economy has been the weakness of the euro
George Osborne announces North Sea oil tax breaks; SCOTLAND: Glasgow: EXT George Osborne MP (Chancellor of the Exchequer) interview SOT - This morning UK governmenrt is announcing new incentives for jobs in North sea oil and gas / Tax allowance for existing brownfields to get last drop of oil out of north sea / Create hundreds of jobs and sign of our commitment for industry / Tthere is a very specific challenge, with some of the older oil and gas fields with a little help can be continued / Companies have come to us and said they will create more jobs and investment / Make sure we use everything we can in the North Sea, such a fantastic industry for UK and Scotland, want to prolong its life / We have been talking to some of of the oil companies and gas companies / They think it will create additional jobs, new businesses across whole of Scotland, sign of commitment of government to Scotland economy and Scotland's future / Market reaction to European Central Bank decision / Think its a very welcome announcement from the ECB / We have been saying for two years we want institutions for the euro to get behind their currency / In interests of europe and the people of UK / One of the things that has hit the UK economy has been the weakness of the euro
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Credit:
ITN
Editorial #:
696746504
Collection:
ITN
Date created:
September 07, 2012
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Clip length:
00:02:09:10
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United Kingdom
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ITN
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r07091202_0.mov