Gas field's approval is massive boost… but here's what Govt will focus on next

THE controversial Jackdaw gas field in the North Sea has finally been signed-off.

Gas field's approval is massive boost… but here's what Govt will focus on next

TL;DR

  • The Jackdaw gas field in the North Sea has been approved after legal challenges.
  • The project is expected to generate billions in tax revenue and secure jobs.
  • It will boost domestic energy production by 6%, equivalent to supplying 1.4 million homes.
  • The government's attention is now turning to the Rosebank oil field.
  • There are calls for the Chancellor to abandon plans to increase betting taxes, which could lead to job losses and shop closures.