UK business leaders expect largely positive impacts on their businesses from the government's decision to stop new North Sea oil and gas licensing. According to a 2024 survey, 16 percent of respondents believed the decision would have a very positive impact on their business within the next year. This compared with 29 percent of respondents who believed it would have a very positive impact within the next 10 years.
Opinion of business leaders on the business impact of stopping new North Sea oil and gas exploration grants in the United Kingdom in 2024, by year
Original survey question asked as: "What impact do you think that Labour's decision to stop new licences for oil and gas exploration in the North Sea will have on your business over the following time periods?"
Percentage points missing to or exceeding 100 percent are probably due to rounding.
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Public First. (November 24, 2024). Opinion of business leaders on the business impact of stopping new North Sea oil and gas exploration grants in the United Kingdom in 2024, by year [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1541538/uk-survey-on-business-impact-of-north-sea-oil-licensing-end/
Public First. "Opinion of business leaders on the business impact of stopping new North Sea oil and gas exploration grants in the United Kingdom in 2024, by year." Chart. November 24, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1541538/uk-survey-on-business-impact-of-north-sea-oil-licensing-end/
Public First. (2024). Opinion of business leaders on the business impact of stopping new North Sea oil and gas exploration grants in the United Kingdom in 2024, by year. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1541538/uk-survey-on-business-impact-of-north-sea-oil-licensing-end/
Public First. "Opinion of Business Leaders on The Business Impact of Stopping New North Sea Oil and Gas Exploration Grants in The United Kingdom in 2024, by Year." Statista, Statista Inc., 24 Nov 2024, https://www.statista.com/statistics/1541538/uk-survey-on-business-impact-of-north-sea-oil-licensing-end/
Public First, Opinion of business leaders on the business impact of stopping new North Sea oil and gas exploration grants in the United Kingdom in 2024, by year Statista, https://www.statista.com/statistics/1541538/uk-survey-on-business-impact-of-north-sea-oil-licensing-end/ (last visited December 23, 2024)
Opinion of business leaders on the business impact of stopping new North Sea oil and gas exploration grants in the United Kingdom in 2024, by year [Graph], Public First, November 24, 2024. [Online]. Available: https://www.statista.com/statistics/1541538/uk-survey-on-business-impact-of-north-sea-oil-licensing-end/