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Budget 2015 - AIS Comment

Wednesday 18 March 2015

Dave Bowyer, director of training and education at AIS, welcomes the news that the oil and gas sector will benefit from today’s tax cut in the budget.

He said: “This move is exactly what the oil and gas industry called for government to do in order to stimulate much-needed, fresh, investment in the North Sea.

“A lower tax rate will provide a significant boost to the sector and kick-starts those projects stalling due to the drop in oil price. This in turn will have a positive impact on jobs and recruitment – something that’s great news for the 10,000+ people in the North East of England working in the sector.

“For AIS this tax cut reaffirms our ambitious growth strategy for 2015, which includes a major recruitment drive, new UK offices and global expansion plans.”

 

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