| Government plans to use income from controversial fracking to boost the North of England economy are a "fantastic opportunity", say business leaders. However, environmental campaigners claimed the Chancellor was taking the country in the wrong direction by showing its support for shale gas by creating a sovereign wealth fund.
George Osborne used Wednesday's Autumn Statement to reveal plans to invest shale gas tax revenues in the fund when commercial production begins. Full details have not been confirmed, but it is understood revenues raised by gas in the North would be spent on boosting the North's economy...............................................Full Article: Source
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