The "trillion pound" oil fund the government believes Britain could have built
For the first time, the Treasury calculates how much the UK could have raised by investing North Sea proceeds.
BBC News reports that for the first time, the Treasury calculates how much the UK could have raised by investing North Sea proceeds.
This business story centres on the United Kingdom. Names and organisations mentioned in the coverage include Britain, Treasury and UK.
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Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.
Key details
- Location
- United Kingdom · Europe
- Reported by
- BBC News
- First reported
- Key names
- Britain, Treasury, UK, North Sea
- Section
- Business
Sources
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