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Budget 2013: Tax break for shale gas exploration

Cuadrilla Resources' Preese Hall drilling site
Cuadrilla Resources' Preese Hall drilling site
James Graham
James Graham
Deputy Editor, North West

CHANCELLOR George Osborne threw his weight behind the controversial shale gas industry today promising a "generous" new tax regime.Coverage of the Budget is brought to readers of TheBusinessDesk.com in partnership with Ernst & Young.

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.S... for the full story register now for free or login below...

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