VIDEO: Millions of pounds for fracking projects

By Alex Ross
Published 13th Jan 2014, 15:29 BST
Picture by Gabriel Szabo/Guzelian Cuadrilla Resources near Preston, Lancashire on 26th of August, 2011. Fracking StockPicture by Gabriel Szabo/Guzelian Cuadrilla Resources near Preston, Lancashire on 26th of August, 2011. Fracking Stock
Picture by Gabriel Szabo/Guzelian Cuadrilla Resources near Preston, Lancashire on 26th of August, 2011. Fracking Stock
Councils that give the green-light to ‘fracking’ projects will be allowed to keep millions of pounds more in tax revenue, the prime minister has announced.

David Cameron said local authorities in England would receive 100 per cent of the business rates collected from shale gas schemes - rather than the usual 50 per cent.

The move is part of an “all out” drive to exploit the controversial shale gas drilling technique.

Hide Ad