BP to cut 4,700 jobs to reduce costs
Oil giant BP is to cut about 4,700 staff, more than 5% of its total workforce, as part of its plans to cut costs. The British ...
BP’s overhaul can start with a new Chair
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
City A.M.8d
Cut taxes for BP and Shell to protect UK from Trump’s trade war, Rachel Reeves told
(Photo by Leon Neal/Getty Images) Oil giants such as BP and Shell who operate in the North Sea should be given huge tax breaks to help protect the UK against Donald Trump’s burgeoning trade war ...
The Daily Telegraph4d
BP shares jump as oil giant targeted by activist investor
BP said in January that it would cut more than 5pc of its global workforce, equivalent to nearly 8,000 jobs. Its 15,000-strong UK workforce is expected to be hit hard by the cuts. Such struggles ...
London Evening Standard4d
BP shares jump after activist investor reportedly buys stake
BP has seen its shares surge higher after an activist investor reportedly built up a stake in the oil giant (Nicholas T Ansell/PA) BP has seen its shares surge higher after an activist investor ...
BP shares climb on prospect Elliott stake will drive change
Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that ...