18 May 2024
UK finance – Part 2: Subsidies or tax breaks?
Publication date: 19 November 2015
Gas Strategies Group
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ISSN: 0964-8496
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In the previous instalment, think tank Overseas Development Institute (ODI) said the UK hydrocarbons industry was the most heavily subsidised of any G7 state, but offshore industry group Oil and Gas UK rebutted the claim, saying it was inaccurate to label tax allowances as subsidies.