BBC News | Oil and gas firms expect Budget tax cuts BBC News The oil and gas industry has high expectations this year's Budget will deliver substantial tax cuts. Ministers have made it clear reducing the tax bill to encourage further investment is a high priority for them. The move follows the sharp decline in ... CompaniesPremier Oil shares boosted by tax cut expectation Calls for Scottish independence rise even as North Sea oil prices fall North Sea oil industry under siege seeks U.K. tax cuts |