UK Taxpayers Subsidising World’s Largest Oil Companies To Exploit Its Own Natural Resources

TRUEPUBLICA
29 August 2016

New analysis of the UK’s North Sea oil and gas suggests that the combination of tax giveaways by the government, and aggressive avoidance by multinationals, means that the country may actually be subsidising the extraction of its natural resources. And this at a time of continuing ‘austerity’ measures, that a UN treaty body has harshly criticised for driving poverty and inequality, undermining citizens’ human rights.

> Read more: http://truepublica.org.uk/united-kingdom/uk-taxpayers-subsidising-worlds-largest-oil-companies-exploit-natural-resources/