Blame for Gulf spill should be shared, says BP

Blame for Gulf spill should be shared, says BP
September 8, 2010 - 1:51pm | Fiona Bond
BP today blamed the catastrophic Gulf of Mexico oil spill on a chain of events rather than a single action as it reiterated its previous comments that all companies involved must shoulder responsibility.

News and markets round-up

Connaught calls in the administrators

Connaught calls in the administrators

September 8, 2010 - 10:33am | Rhian Nicholson

Social housing giant Connaught called in the administrators last night after failing to resolve its financing issues with its lenders.

Gold could push through record high

Gold could push through record high

September 8, 2010 - 4:28pm | Fiona Bond

Gold soared to a near record high on Wednesday, amid mounting concern that the global economic recovery is stalling.

Big names set for FTSE 100 departure

Big names set for FTSE 100 departure

September 7, 2010 - 4:18pm | Rhian Nicholson

Telecoms firm Cable & Wireless Worldwide and engineer Invensys are among those likely to be relegated from the FTSE 100 in the latest quarterly reshuffle.

Santander and Pru tie-up a 'recipe for mis-selling'

Santander and Pru tie-up a 'recipe for mis-selling'

September 7, 2010 - 1:56pm | Rebecca Rutt

Santander’s announcement to sell Prudential’s investment bonds from 2011 has been attacked as an inefficient moneymaking scheme and a 'recipe for mis-selling'.

Diamond to be next Barclays chief executive

Bob Diamond to be next Barclays chief executive

September 7, 2010 - 9:18am | Sarah Modlock

American Bob Diamond will be the next chief executive of Barclays when John Varley steps down next year.