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The SNP today said the Tory Government and Lib Dem Ministers must heed the warning from the Chief Executive of oil firm Chevron in today's Financial Times that their tax plans endanger jobs and investment in the North Sea. Chevron has become the latest firm to speak out over the Tories windfall tax on the North Sea warning the lack of stability puts investment and jobs at risk. Candidate for Aberdeen South and North Kincardine, Maureen Watt, said the UK Government must listen and an SNP victory in the North East of Scotland would force the Tories and Lib Dems to think again. Mrs Watt said: "The UK Government's disgraceful and unthinking treatment of one of Scotland's great industries has emerged as a vital issue – and an SNP election victory on 5 May will force the Tory/Lib Dem UK coalition to reconsider their damaging proposals, which threaten offshore jobs and investment. "The chief executive of Chevron joins Valiant petroleum in warning that this tax and the way the UK Government imposes taxes without consultation on what is a very valuable industry could endanger investment and exploration. The tax changes dreamed up by the Lib Dems' Danny Alexander are totally ill-thought through and run the clear risk of diverting investment away from the North Sea. "There is nothing wrong with making taxation responsive to profitability and high oil prices, however it has to be done in a planned fashion with appropriate incentives for marginal fields and infrastructure development." Meanwhile, SNP Finance Secretary John Swinney welcomed the latest Bank of Scotland jobs survey which showed that demand for staff in the past quarter increased at its fastest pace for more than three years. Commenting Mr Swinney said: "This survey presents further signs that Scotland's economy is strengthening, and shows that the Scottish Government's robust actions to support jobs, skills and training are delivering real results. "Employment has increased in Scotland for nine months in a row, and has now also increased - compared to a year ago – by 25,000 while unemployment has fallen for the fifth consecutive month: the only nation in the UK where this sustained progress has been achieved. "Scotland has a higher employment rate and lower economic inactivity rate than the UK as a whole. "In particular, we have seen strong growth in Scotland's construction sector - where there was a 13.9 per cent increase in workforce jobs to 189,000 over the year to December 2010. This compares to a decline of 2.4 per cent in the UK as a whole over the same period.Related posts: