; Today in the City

Summary


The London market closed in the red yesterday despite a strong performance from BP after it received a Pounds 677 million settlement from one of its partners on the Deepwater Horizon rig.

BP was among the top risers, up 12.1p at 460p, after its settlement with MOEX Offshore, which had a 10 per cent interest in the Macondo well, raised hopes it could pursue claims from other companies involved with the Gulf of Mexico site.

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Extract


; Today in the City

But the FTSE 100 Index, which had made g...

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