Ticker BP.

Today's data summary

Market closed
% change
Price Pence
As of 07:01 17 Jan 2021
Market cap. Pound sterling
61,547.69 million
As of 07:02 17 Jan 2021

Latest updates

  1. Oil giant BP set to cut 10,000 jobs

    BP has announced plans to cut 10,000 jobs following a global slump in demand for oil because of the coronavirus crisis.

    The oil giant had paused redundancies during the peak of the pandemic but now it has said around 15% of its workforce will leave by the end of the year.

    BP has not said how many jobs will be lost in the UK but it is thought the figure could be close to 2,000.

    View more on twitter
  2. NHS Grampian gets 2,000 masks and visors from BP

    NHS Grampian quality officer Ailidh Fraser accepting the donation.

    NHS Grampian has taken delivery of 2,000 items of personal protective equipment (PPE) from oil firm BP.

    The donation consists of 1,500 masks and 500 face visors.

    BP said it was happy to play a small part in helping to maintain NHS Grampian stocks. The health board said it was grateful for the "useful supplement to core supplies" which would allow it to "quickly respond to any changes in demand”.

  3. BP shares sink 20%

    BP logo

    Shares in oil giant BP are now nearly 20% lower as investors continue to react to the crash in oil prices, while rival Shell is down by about 13%.

    The FTSE 100 has recovered some of the ground lost first thing, but is still down a massive 6.5% at 6,039.66.

    Not one of the shares in the top UK index is trading higher.