Tory MP brands oil bosses ‘new oligarchs’ during Westminster debate

Tory MP brands oil bosses ‘new oligarchs’ during Westminster debate

A backbench Conservative MP branded oil and gas bosses the “new oligarchs” during a debate in Westminster on Tuesday.

Robert Halfon, the representative for Harlow, Essex, highlighted the salaries and bonuses being received by industry top brass, and called for the Chancellor to consider a windfall tax on companies.

It comes ahead of a key vote later today on an amendment tabled by nature that could lead government to cream off some of the profits from oil and gas firms.