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UK oil and gas jobs fall at steepest rate since 2004

The oil and gas sector in Britain has witnessed a rapid decline in the number of contractors employed in industry, which is the steepest over the past 11 years. An annual survey by Aberdeen & Grampian Chamber of Commerce in association with the Fraser of Allander Institute and the Bond Dickinson law firm has claimed that about 85% of employees feared job cuts continuing in 2016.

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