To save an English oil refinery so that it can replace a Scottish oil refinery to refine oil almost entirely from Scottish waters, the Scottish taxpayer must also contribute around £100m
Professor John Robertson OBA Thanks to rtpscott for alerting me to this: From Daily Business two days ago: British taxpayers could be on the hook for more than £1 billion following the collapse of the Lindsey oil refinery in North Lincolnshire. HMRC is said to be owed £250m in unpaid taxes, while the facility’s decomissioning costs could be up to £3bn. The refinery is at risk after its owner, State Oil, filed for insolvency on Monday. The Official Receiver has reached a deal with the commodities trading giant, Glencore, that will ensure supplies of crude oil to the refinery. Ministers … Continue reading To save an English oil refinery so that it can replace a Scottish oil refinery to refine oil almost entirely from Scottish waters, the Scottish taxpayer must also contribute around £100m
