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Budget 2013: Tax break for shale gas exploration

20th March 2013

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Cuadrilla Resources' Preese Hall drilling site

Cuadrilla Resources' Preese Hall drilling site

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


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