Miliband Madness15 Sep 2025 07:32
âFor Ed Miliband, itâs a truly awkward moment.
His own statisticians have released data showing that Britainâs North Sea will produce a billion barrels of oil and gas fewer than expected between now and 2050 â with analysts linking the downgrade to Labourâs imposition of 78pc taxes and a ban on new drilling.
The assessment, by the North Sea Transition Authority (NSTA), the government regulator that reports to Mr Miliband, suggests the UK will have to import a far higher proportion of its oil and gas over the next 25 years.
According to a separate analysis, the accelerated decline of the North Sea could see half the 200,000 jobs it supports destroyed by 2030.
Many of those will be in Scotland, where elections due next year make such potential losses seriously risky for Labourâs prospects.â
This fool needs to go next. Labour trashing Britain at record pace.