John Grady
Main Page: John Grady (Labour - Glasgow East)Department Debates - View all John Grady's debates with the HM Treasury
(1 day, 17 hours ago)
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Rachel Reeves
I thank the right hon. Gentleman for his approach and for his question. The oil and gas industry plays an important role in our energy system and will do so for decades to come. We very much welcome the jobs that it creates, the tax revenue that it provides and, most importantly, the energy security that it offers. In my Budget, I set out the new North sea oil and gas strategy, which includes allowing the use of tiebacks or infills on existing sites. For the reasons I have explained, the Secretary of State for Energy Security and Net Zero now has to take a quasi-judicial decision on Rosebank and Jackdaw. He will, of course, approach that decision with an open mind because this Government recognise the importance of our oil and gas sector.
John Grady (Glasgow East) (Lab)
Does my right hon. Friend agree that the essential truth is that the Government have introduced a package of measures to make the poorest families in Glasgow and across the United Kingdom better off, whereas the Conservatives propose plunging those families back into extreme poverty? They left us with ridiculous levels of debt and the weakest defence since the 1930s—their record is absolutely shameful.
Rachel Reeves
My hon. Friend is right, but I would say it is worse than that in Scotland, where there is the legacy of two awful Governments: the Conservatives made people poorer, while the SNP Government fail to back our nuclear sector, which could deliver cheaper bills for people in Scotland.