Archive for July 2013

Shale gas companies to receive tax cuts

Shale gas operators will pay only 30% tax, down from 62%, on profits made from shale gas operations, the government has confirmed. Chancellor George Osborne has reiterated the “huge potential” for shale gas extraction as part of the UK’s energy mix. “I want Britain to be a leader of the shale gas revolution because it…

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June News Round-up: Good month for the Defence Industry

Some significant announcements came from the defence industry during the month of June, putting a shine on an industry that has taken a beating in the face of defence cuts. The latest news saw the Terrier vehicle successfully delivered on time to the British Army. Although the delivery signified the exodus of BAE Systems from…

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