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UK increasing oil & gas industry tax from 40% to 75% 'RUINOUS' says Liam Halligan

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#Economy #jeremyhunt #chancellor

'At the turn of the century, Britain was producing almost three million barrels of oil a day and now it's significantly less than one million.'

GB News Economics & Business Editor Liam Halligan criticises the Government's decision to increase tax on the oil and gas industry from 40% to 75%, calling it 'ruinous.'

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