PARODY adverts mocking Rishi Sunak for giving public money to oil giants have appeared across London’s bus stops.

The Prime Minister is shown shaking an oil-soaked hand next to a Conservative logo with the words: “A helping hand for those in need: £3.75 billion public money to oil company Equinor if Rosebank oil field goes ahead.”

The spoof ads have been spotted in Hackney, Southwark and Tower Hamlets so far, and come after Fossil Free London campaigners last week delivered giant gifts to the Norwegian embassy to represent the £3.75bn tax breaks developers of the North Sea’s Rosebank field could receive. 

Norway’s state-backed oil and gas giant Equinor would be among the firms set to profit while the taxpayer picks up almost all the costs of the development.

Earlier this month Mr Sunak claimed a planned expansion of oil and gas drilling in the North Sea was “entirely consistent” with the government’s goal to reach net zero by 2050.

Granting more than 100 new oil and gas licences off the coast of Scotland will “boost British energy independence” and “reduce reliance on hostile states,” Number 10 said.

Fossil Free London spokeswoman Joanna Warrington said: “Rosebank would be a double disaster. It would cost us, the UK taxpayers, billions of pounds, while doing absolutely nothing to bring down our energy bills and the soaring cost of living.

“With winter around the corner, things are only set to get worse even as the super profits for oil and gas giants are set to rise.

“We need immediate action to tackle the climate crisis.

“By agreeing to grant over a hundred new oil and gas licences, Sunak and his big oil buddies are signing our collective death warrants — all while pocketing profits for themselves.”