The £10 billion raid has led to claims 40,000 jobs could be lost and a string of companies have already announced they will be scaling back investment in new fields.
TREASURY chief Danny Alexander faced criticism last night from the business sector over his windfall tax on the North Sea oil sector.
The £10 billion raid has led to claims 40,000 jobs could be lost and a string of companies have already announced they will be scaling back investment in new fields.