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BP frets over mounting Gulf compensation costs

28 minutes
First broadcast:
Thursday 16 May 2013

Oil giant BP is getting increasingly concerned at the growing cost of compensation linked to the Deepwater Horizon disaster. It says it is being forced to pay out claims for what it calls "fictitious and inflated losses", and wants Prime Minister David Cameron to raise the issue with President Obama at the G8 meeting in Northern Ireland next month. Our Business Editor Robert Peston tells us why BP is so worried, and we speak to a Louisiana lawyer who is pursuing claims against the company.


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