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Business news - 16 May 2023

 

Sir Jim Ratcliffe: "I fear for the future of the North Sea"

Sir Jim Ratcliffe has told his Forties Pipeline System business that the governmentÂé¶¹´«Ã½Ó³»­™s 75% windfall tax on oil and gas producers in the North Sea will lead to a collapse in investment in the basin.