Chancellor George Osborne delivered the last Budget of the Parliament. He set out reforms to the tax regime of the North Sea oil and gas industry, intended to boost production and safeguard the sector’s future. Osborne also announced the government was entering into negotiations over possible support for the proposed tidal lagoon project in Swansea Bay.

The headline news in February was the passage of the government’s Infrastructure Act - one of the last major pieces of legislation of this parliament.

The government progresses plans to offer selected electricity-intensive businesses a reprieve from the rising costs associated with funding renewables installations.

The government unveils its Autumn Statement and National Infrastructure Plan, which includes substantial reforms to the way in which the North Sea oil and gas industry is taxed