Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBP Share News (BP.)

Share Price Information for BP (BP.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 463.15
Bid: 462.65
Ask: 462.70
Change: 2.75 (0.60%)
Spread: 0.05 (0.011%)
Open: 462.95
High: 463.80
Low: 460.70
Prev. Close: 460.40
BP. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Obama To Host UK PM On First White House Visit

Mon, 19th Jul 2010 02:47

LONDON (AFP)--U.K. Prime Minister David Cameron meets U.S. President Barack Obama at the White House Tuesday for the first time since taking power, with stricken oil giant BP PLC (BP) and Afghanistan set to top the agenda. Cameron and Obama have already built a close rapport--they swapped bottles of beer at last month's Group of 20 summit in Toronto after a World Cup football bet, weeks after Cameron took office as head of a coalition government in May. But the "special relationship" could be tested over BP's role in the Gulf of Mexico oil spill, plus a linked controversy over the release from a Scottish jail of a Libyan who killed 270 mainly U.S. citizens in a 1988 plane bombing. In an interview ahead of the two-day trip, Cameron said he and Obama would talk about U.K.-based BP, which has been sharply criticized in the U.S. for its handling of the country's worst-ever environmental disaster. "President Obama and I have a very good relationship, we get on well," Cameron told Time magazine. "Of course we will discuss BP. It is an important company not just for Britain, it's an important company for America as well. It employs tens of thousands of people in the U.S., as it does in the U.K." Cameron has warned against the "destruction" of BP, saying it should "remain a strong and stable company" for the sake of employees and people with pension funds invested in the company in both countries. BP faced fresh pressure last week when the U.S. Senate's Foreign Relations Committee said it would hold a hearing into the release of Abdelbaset Ali Mohmet al-Megrahi, who was convicted in 2001 of blowing up a Pan Am flight over the Scottish town of Lockerbie. They have also charged that BP might have pressed authorities in the U.K. to free Megrahi--given three months to live due to prostate cancer at the time of his release on compassionate grounds--to protect a lucrative oil deal with Libya. Megrahi is now living in Libya and a doctor who examined him was recently quoted as saying he could live for another 10 years. U.K. Foreign Secretary William Hague told U.S. Secretary of State Hillary Clinton on Saturday that there was no evidence linking BP to the Scottish government's decision to free Megrahi. Hague also stressed that Cameron's government believes Megrahi's release was a "mistake." The State Department last week described the move as an "affront." The meeting between Cameron and Obama comes following the deadliest-yet month for North Atlantic Treaty Organization-led international forces in Afghanistan, to which the U.S. and U.K. are the two largest contributors, in June. Their talks will come as a major international conference takes place in Kabul on the development strategy for rebuilding Afghanistan, attended by figures including Clinton. Both leaders inherited the Afghan war from predecessors and are eyeing troop withdrawals through a strategy of securing key towns and cities while training up local security services. Obama wants to start pulling U.S. personnel out from July next year, while Cameron says U.K. combat forces should be coming home within five years. Despite close ties, particularly over the war, experts have warned that talk of a "special relationship" between the U.S. and U.K. is becoming outdated as the U.S. focuses on higher strategic priorities, particularly in Asia. This didn't stop the two leaders speaking warmly of ties between their two countries in Toronto, which they said they hoped would get stronger in years ahead. Cameron will be hoping for a warmer reception from Obama at the White House than his predecessor Gordon Brown got when they first met there last year. Obama was accused of snubbing Brown by presenting him with a set of DVDs that wouldn't even work in a U.K. player. (END) Dow Jones Newswires July 18, 2010 21:47 ET (01:47 GMT)
More News
27 Nov 2023 11:58

LONDON MARKET MIDDAY: Downbeat China headlines hurt FTSE 100

(Alliance News) - London's FTSE 100 made an uncertain start to the week, with share price falls for miners, oil majors and China-exposed stocks sending the large-cap benchmark into the red heading into Monday afternoon.

Read more
27 Nov 2023 09:20

LONDON BROKER RATINGS: Peel, Numis up Rightmove; Goldman cuts Entain

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
27 Nov 2023 08:49

LONDON MARKET OPEN: Rightmove shines despite UK housing market strife

(Alliance News) - Stock prices in London opened mixed on Monday, while the pound continued its ascent, as the expectation that US interest rates have peaked continues to put pressure on the dollar.

Read more
24 Nov 2023 16:56

LONDON MARKET CLOSE: Pound jumps above USD1.26 mark on Black Friday

(Alliance News) - Global markets saw a lacklustre session this Black Friday, with European markets edging just slightly higher.

Read more
23 Nov 2023 16:09

London close: Stocks make small gains on quiet Thursday

(Sharecast News) - London's stock markets saw a positive turnaround by the end of the day on Thursday despite subdued trading activity due to the Thanksgiving holiday in the United States.

Read more
23 Nov 2023 11:49

LONDON MIDDAY: FTSE 100 edges lower despite boost from oil stocks

(Alliance News) - The FTSE 100 in London was down at midday on Thursday, despite getting a boost from oil stocks.

Read more
22 Nov 2023 18:56

Sector movers: Oil stocks skid after OPEC+ surprise

(Sharecast News) - Weakness in the oil patch after OPEC+ delayed its next ministerial meeting amid a squabble over production quotas weighed on the FTSE 350.

Read more
20 Nov 2023 16:53

LONDON MARKET CLOSE: FTSE 100 drifts lower as eyes turn to Fed

(Alliance News) - European equities closed mixed in muted trade at the start of the week, with focus turning to Tuesday's Federal Reserve meeting minutes, as investors mull the outlook for US interest rates.

Read more
17 Nov 2023 12:00

LONDON MARKET MIDDAY: Stocks shrug off downbeat UK retail sales

(Alliance News) - Stock prices in London were up at midday on Friday, as a week of favourable data as far as inflation goes gave investors a reason to overlook disappointing UK retail sales figures.

Read more
17 Nov 2023 09:03

LONDON MARKET OPEN: Stocks up despite UK retail sales growth miss

(Alliance News) - Stock prices in London opened higher on Friday, despite weaker-than-expected October retail sales figures for the UK.

Read more
16 Nov 2023 16:59

LONDON MARKET CLOSE: Stocks give way after rate optimism-fuelled rally

(Alliance News) - European equities closed lower as a post-US inflation slowdown rally seen on Tuesday and Wednesday gave way to a more muted session on Thursday.

Read more
16 Nov 2023 12:06

LONDON MARKET MIDDAY: Stocks down as post-inflation data rally fades

(Alliance News) - Stock prices in London were down at midday on Thursday, with mixed corporate updates tempering enthusiasm in the wake of two favourable inflation readings earlier in the week.

Read more
16 Nov 2023 08:57

LONDON MARKET OPEN: FTSE 100 flat; Burberry tumbles on weak outlook

(Alliance News) - Stock prices in London opened in a muted fashion on Thursday, as the week's optimism waned somewhat, but did not give way to pessimism.

Read more
10 Nov 2023 16:53

LONDON MARKET CLOSE: Europe and New York diverge after hawkish Powell

(Alliance News) - Stocks in Europe suffered on Friday, as US interest rate worries cast a dark cloud over equity markets, though counterparts in New York had a more resilient start to the day.

Read more
10 Nov 2023 15:45

London close: Stocks tumble on Powell comments as GDP stagnates

(Sharecast News) - London markets declined on Friday as investors reacted to hawkish remarks by Federal Reserve chair Jerome Powell made overnight.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.