Little of £18bn plan is new and Labour’s proposal would raise firm’s tax bill by only a modest percentage of its soaring profits
A BP oil platform in the North Sea. Despite the Rosneft write-off, investors are still on course to be paid £4bn in dividends this year,A BP oil platform in the North Sea. Despite the Rosneft write-off, investors are still on course to be paid £4bn in dividends this year,e’re backing Britain,” declared BP’s chief executive, Bernard Looney, on Tuesday, which was a cuter spin on record quarterly profits of $6.2bn than his boast last November about running “a cash machine”.
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