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Share Price Information for BP (BP.)

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Share Price: 482.55
Bid: 482.60
Ask: 482.70
Change: 0.00 (0.00%)
Spread: 0.10 (0.021%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 482.55
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Monday newspaper round-up: Storms, RBS, Green levies

Mon, 28th Oct 2013 06:53

Millions were facing travel misery today as one of the worst storms in a decade swept over Britain - leaving more than 7,000 homes without power. Rail companies said that rush hour services have been delayed or cancelled and 50 short-haul flights from Heathrow had been cancelled by midnight. The tempest, dubbed St Jude after the patron saint of lost causes whose feast day falls today, is due to reach its peak in southern England and Wales during the morning rush hour. The Met Office said that hurricane-force winds would arrive at "the worst possible time" for commuters, The Times reports. Pressure is mounting on George Osborne to split Royal Bank of Scotland into 'good' and 'bad' banks. The Chancellor looks set to decide the future of the taxpayer-backed lender this week following a Government-commissioned review of the business. A decision could come on Friday when the bank publishes results for the third quarter of the year with analysts expecting profits of £440m. Former Tory Chancellor Lord Lawson, a member of the Parliamentary Commission on Banking Standards, yesterday urged Osborne to break up RBS, The Daily Mail says. Lady Susan Rice, the senior independent director at electricity and gas supplier SSE, has called for energy companies to be more "transparent" about the charges that their customers face. Rice, who is also managing director of Lloyds Banking Group's Scottish operations, said that greater transparency would help utility companies to regain the public's trust. Tomorrow the House of Commons' energy and climate change committee will question senior executives from the "Big Six" energy companies over the flurry of recent price rises, The Scotsman writes.David Cameron will lead Britain's attempt to become a global centre of Islamic finance and open the taps for fresh investment. The Prime Minister will speak tomorrow at the first World Islamic Economic Forum, at ExCeL London, where managers and ministers are hoping to drum up billions in Anglo-Muslim trade. The prize for Britain is attracting some of the world's $1.5trn (£928bn) of Islamic investment funds, potentially to fund large capital projects in energy and transport, according to The Times. Ed Davey, the Liberal Democrat energy secretary, has promised to "fight like a tiger" against Conservative attempts to cut green levies on gas and electricity bills. The senior coalition minister said he would not let the Tories touch subsidies for renewable energy or the fuel poor, describing it as a "red line", and pledged to beat the target of getting 30% of Britain's electricity from green sources by 2020. He spoke out after David Cameron said he wanted to roll back green charges on fuel bills that account for about £112 of the average £1,267 household bill for gas and electricity, The Guardian reports. British oil giants BP and Royal Dutch Shell are set to report plunging third-quarter profits this week, with both expected to say that they have been hit by weak refining margins and production outages, according to City analysts. Aside from tougher market conditions, analysts believe BP's Gulf of Mexico oil spill legal battles will weigh on its results expected on Tuesday. They predict increased US legal provisions will contribute to profits falling 37% to £4.9bn, The Daily Express writes. AB
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6 Feb 2024 07:47

LONDON BRIEFING: BP promises buyback despite drop in profit

(Alliance News) - Stocks in London are called to open higher, ahead of a slew of construction purchasing managers' index readings from the eurozone, the UK and Germany.

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6 Feb 2024 07:02

BP unveils $1.75bn buyback as 2023 profits halve on weaker oil price

(Sharecast News) - Shares in BP surged on Tuesday as the energy giant announced a $1.75bn share buyback despite a slump in annual profits as oil prices fell during 2023 from the spike caused by Russia's invasion of Ukraine.

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2 Feb 2024 17:12

LONDON MARKET CLOSE: Stocks mixed as US jobs data dashes rate cut hope

(Alliance News) - Stock prices in London closed mixed, after hotter-than-expected US jobs data hit already precarious investor sentiment and all but ensured the Federal Reserve will not be cutting interest rates next month.

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2 Feb 2024 13:14

BP appoints Kate Thomson as its permanent finance chief

(Sharecast News) - BP announced the appointment of Kate Thomson as its new, permanent chief financial officer on Friday, effective immediately.

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2 Feb 2024 12:27

TOP NEWS: BP promotes Kate Thomson as permanent finance chief

(Alliance News) - BP PLC on Friday named Kate Thomson as its permanent chief financial officer, after being in the interim role since September.

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2 Feb 2024 12:09

LONDON MARKET MIDDAY: Airlines up but oil falls on Middle East talks

(Alliance News) - Stock prices in London were higher at midday Friday, ahead of the afternoon's US jobs data, as earnings from tech behemoths overnight lifted investor morale.

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2 Feb 2024 08:54

LONDON MARKET OPEN: European stocks lifted on Wall Street's gains

(Alliance News) - Stock prices in London opened higher on Friday, closing of a busy week of monetary policy decisions.

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1 Feb 2024 17:03

LONDON MARKET CLOSE: Stocks down on hawkish BoE interest rates hold

(Alliance News) - Stock prices in London closed down on Thursday after the Bank of England left interest rates on hold in a split decision that was hawkish on expectations of rate cuts.

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1 Feb 2024 12:22

LONDON MARKET MIDDAY: BoE keeps bank rate on hold in split decision

(Alliance News) - London's FTSE 100 was on the up on Thursday afternoon after the Bank of England left interest rates on hold on Thursday, in a split decision.

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1 Feb 2024 10:06

New UK oil and gas exploration licences approved in the North Sea

(Alliance News) - The UK's oil and gas regulator has awarded 24 new exploration licences to 17 separate companies in a move that has been welcomed by a trade body but condemned by climate campaigners.

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1 Feb 2024 08:50

LONDON MARKET OPEN: Shells begins USD3.5 billion buyback; eyes on BoE

(Alliance News) - Stock prices in London opened mixed, ahead of the Bank of England's first interest rate decision of the year.

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30 Jan 2024 15:28

UK earnings, trading statements calendar - next 7 days

Wednesday 31 January 
Aberforth Smaller Companies Trust PLCFull Year Results
abrdn Private Equity Opportunities Trust PLCFull Year Results
Ecora Resources PLCTrading Statement
GSK PLCFull Year Results
ITM Power PLCHalf Year Results
NWF Group PLCHalf Year Results
Thursday 1 February 
Airtel Africa PLCTrading Statement
AG Barr PLCTrading Statement
BT Group PLCTrading Statement
Cranswick PLCTrading Statement
Gem Diamonds LtdTrading Statement
Glencore PLCTrading Statement
JTC PLCTrading Statement
Rank Group PLCHalf Year Results
Shell PLCFull Year Results
TClarke PLCTrading Statement
Friday 2 February 
YouGov PLCTrading Statement
Monday 5 February 
Home REIT PLCTrading Statement
Porvair PLCFull Year Results
Trident Royalties PLCTrading Statement
Vodafone Group PLCTrading Statement
Tuesday 6 February 
Alumasc Group PLCHalf Year Results
BP PLCFull Year Results
Filtronic PLCHalf Year Results
Mattioli Woods PLCHalf Year Results
Renishaw PLCHalf Year Results
Virgin Money UK PLCTrading Statement
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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29 Jan 2024 17:25

London close: Stocks turn weaker ahead of busy week for earnings

(Sharecast News) - London's stock market saw slight declines by the close on Monday, as investors turned their attention to a week filled with corporate earnings reports and central bank announcements.

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29 Jan 2024 17:02

LONDON MARKET CLOSE: Stocks slightly down pre US Fed, Bank of England

(Alliance News) - Stock prices in London closed mutedly lower on Monday, ahead of a busy week of interest rate decisions and economic data.

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29 Jan 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 nudges higher ahead of rate decisions

(Alliance News) - Stock prices in London were mixed going into Monday afternoon, ahead of a busy week of interest rate decisions and economic data.

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