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From the Beeb

 

 

 

"BP wants Prime Minister David Cameron to intervene over the escalating cost of compensating US companies for the Gulf of Mexico oil disaster in 2010.

BBC business editor Robert Peston has learned that BP feels its financial recovery is in jeopardy because the compensation system is being abused.

 

The financial burden of paying fictitious and inflated claims may even make BP a takeover target........

 

........BP gives many examples of businesses which have received huge compensation payments when they have suffered no harm from the oil spill”

 

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