Alan Brown
Main Page: Alan Brown (Scottish National Party - Kilmarnock and Loudoun)Department Debates - View all Alan Brown's debates with the Leader of the House
(8 years ago)
Commons ChamberWill the Leader of the House make a statement explaining why the Government can give a £4.6 billion loan guarantee to Thames Water but will not provide loan guarantees to the oil and gas industry?
As the Prime Minister said yesterday, the Government provide a range of measures through the tax system that help to support oil and gas businesses in the United Kingdom. There is also the economic reality that the global price for hydrocarbons has fallen very sharply in recent years, and it is never possible to insulate any industry completely from that kind of movement.