"BP could freeze shareholder payout for three years, say City experts"
From The Times
May 25, 2010
BP could freeze shareholder payout for three years, say City experts
Robin Pagnamenta, Miles Costello
The soaring cost of the oil spill in the Gulf of Mexico could force BP to freeze its payout to shareholders for up to three years, City experts said.
Britain’s second biggest company said that the bill to control the leak had increased by more than 20 per cent in the past week to $760 million (£526 million), up from $625 million on May 18.
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