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BP steps up cost cutting as profits slide
BP has reported a drop in annual profits after being hit by lower oil prices last year and says it’s stepping up cost cutting to strengthen its finances.
Oil giant BP is pulling back billions that had been earmarked for shareholders as it looks to steady its finances after a fall in profits. Leanna Byrne asks what it means for BP’s longer-term strategy in energy?
Also, how unusual is it for a major artist to walk away from a powerful talent agency?
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Last on
Tue 10 Feb 2026
15:50GMT
Âé¶¹Éç World Service
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- Tue 10 Feb 2026 15:50GMTÂé¶¹Éç World Service