Wires

UK looks at "generous" shale gas tax regime-Osborne

BIRMINGHAM, England, Oct 8 (Reuters) - Britain isconsidering the introduction of a "generous new tax regime" toencourage investment in its shale gas reserves, finance ministerGeorge Osborne said on Monday.

"An enterprise strategy means investing in renewable energyand opening up the newly discovered shale gas reserves beneathout land," Osborne told the Conservative Party conference.

(Writing by Matt Falloon)

((matt.falloon@thomsonreuters.com))

Keywords: BRITAIN POLITICS/OSBORNE GAS