North Sea Oil Revenue

HC Deb 08 December 1977 vol 940 cc814-5W

7. Mr. George Rodgers

asked the Chancellor of the Exchequer what consultations he has held on the utilisation of North Sea oil revenue.

19. Mr. Molloy

asked the Chancellor of the Exchequer what discussions he has had concerning the future use of oil revenues.

32. Mr. Silvester

asked the Chancellor of the Exchequer what discussions he has had concerning the distribution of revenue from North Sea oil.

Mr. Joel Barnett

The Government intend to publish in the New Year a discussion document setting out the economic options and the alternative uses for the increased revenues from North Sea oil. Discussions have been held with the TUC/Labour Party Liaison Committee and members of the Parliamentary Labour Party.

29. Mr. Frank Allaun

asked the Chancellor of the Exchequer if he will make a statement on the matters to which the Government propose to devote the revenues from North Sea oil.

Mr. Joel Barnett

No. But as I said in my answer earlier this afternoon to my hon. Friends the Members for Chorley (Mr. Rodgers) and Ealing, North (Mr. Molloy) the Government expect to publish a discussion document in the New Year.