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Thursday 14 July 2016 9:26 pmBP braces for $2.5bn charge in second quarter results for 2010 Deepwater Horizon spill ndash; taking final bill total to $61.6bnBy: Francesca WashtellShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleOil giant BP is set to take a$2.5bn pound;1.9bn charge i
polene tasche n its second quarter results as it reveals the final bill for 2010 Deepwater Horizon oil spill.The charge will take the final pre-tax bill for the Gulf of Mexico oil spill, the largest in US waters, to $61.6bn, or $44bn after tax.Nearly 5m barrels of oil were spilled in the accident at the Macondo Prospect, in which 11 workers died.BPrsquo second quarter results will be released on 26 July.Read more: Oil major BP has brushed off Brexit backlash Br
owala tumbler ian Gilvary, BP chief financial officer, said: Over the past few months wersquo;ve made significant progress resolving outstand
polene ing Deepwater Horizon claims and today we can estimate all the material liabilities remaining from the incident.Importantly, we have a clear plan for managing these costs and it provides our investors with certainty going forward.BP agreed to settle with shareholders for $175m last month over a class action lawsuit sparked by the Deepwater Horizon incident.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessTrending ArticlesLabour will regret the Renter Nnbg Britain could lead a robotic revolution with cost savings of 16 per cent by 2025
Sunday 16 September 2012 11:41 pm|Updated:Thursday 30 May 2019 6:30 pmIT jobs up after RBS system crisisBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleBANKS are taking on increasing numbers of IT workers and contracts in the wake of the RBS and NatWest systems breakdown, according to a report out today from industry recruiters BrightPool.And mobile banking is set to lead job creation in the sector this year, as banks look to attract con
stanley at sumers on new platforms.Fifty-six per cent of financial services contracts said mobile banking will create the most jobs, followed by 30 per cent who expect internet banking to do so, and 14 per cent who believe branch
owala website banking will lead hiring in 2012.The rapid growth of iPhones and Android devices has led to the increasing use of bespoke banking apps, said BrightPoolrsquo Angela Hickmore. Banks are enthusiastic about investing in technology that allows them to cut down on the use of expensive high street locations and which leads to lower staff costs. Wider shifts in the industry are also creating more jobs in the retail banking sector than other parts of the industry, the study found. Divestment and merger programmes between the large retail banks are still creating a lot of new demand for contractors who can come in and work on integration projects, like switching a retail branchrsquo
