Summary
AN unrepentant Danny Alexander last night refused to apologise "one bit" for the Treasury's pound(s)2 billion raid on North Sea oil profits, despite alarm among industry leaders that it will choke off investment and cost thousands of jobs.
The Chief Secretary to the Treasury said he understood the anger about the surprise levy, but insisted that high oil prices meant producers could afford it. He dismissed warnings about job losses as "scaremongering".See the full content of this document
Extract
Alexander: 'I Won't Apologise for Levy'
He said: "I certainly don't apologise. I do understand t...
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