Oil and Gas Boss Hits Out at Labour’s Energy Plans

The chairman of leading oil and gas company Serica Energy, David Latin, has poured cold water over Labour’s energy plans. Ahead of Serica’s AGM today, he warned Labour spell disaster for UK investment and jobs in the energy sector. He said Britain is heading down a path of worrying reliance on foreign imports:

“The UK consumes almost twice as much oil and gas as it produces.