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Oil tax may take toll on Labour MSPs

Senior Scottish Labour figures are concerned that the government could pay a price in next year's elections to the devolved parliament for an oil tax increase set to hit North Sea jobs and investment.

The tax hike - a Westminster decision - is set to become an issue in Scotland as the oil industry warns it "may threaten Labour MSPs".

Published: Tue, 4 Jun 2002 01:00:00 GMT+01

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FT - page 2