Labour hits out at development of huge oil site

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The Labour Party says it does not support the development of UK's largest untapped oil and gas field.

Shadow business secretary Jonathan Reynolds told Kay Burley the licence would not be revoked if Labour came to power - but he added "we do not think this is good value for money".

Rosebank, 80 miles west of Shetland, contains around 300 million barrels of oil and is the UK's last major undeveloped oil site, twice the size of the controversial Cambo oil field.

Full story: https://news.sky.com/story/untapped-rosebank-oil-and-gas-field-north-of-scotland-approved-for-development-amid-row-over-climate-damage-12893255

Latest developments: https://news.sky.com/story/politics-latest-braverman-under-fire-for-asylum-speech-as-labour-mayors-to-make-unified-plea-over-hs2-12593360

#rosebank #oilandgas #skynews

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