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Thursday, October 22, 2026Updated 00:53 UTC

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The "trillion pound" oil fund the government believes Britain could have built

Source: BBC Business · Oct 21, 2026 23:27 UTC

Oil refinery towers and pipes with a city skyline in the distance — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

For the first time, the Treasury calculates how much the UK could have raised by investing North Sea proceeds.

Read the full story at BBC Business

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