Chancellor gives energy sector a boost

CHANCELLOR George Osborne threw his weight behind the controversial shale gas industry today promising a "generous" new tax regime.

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The move, first touted in the Autumn Statement, will mean a "shale gas field allowance" which the Chancellor said would help promote early investment in the sector.

Tim West, partner at Ernst & Young in Leeds, said: "With renewable energy resources being costly to install and given decli... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...