BP pledges to meet obligations to investors but fails to guarantee dividends

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Embattled BP chief executive Tony Hayward has reassured pension schemes the firm's obligations will be met despite spiralling costs following the Gulf of Mexico oil spill disaster.

The statement, issued today, followed warnings that dividend payments could suffer as a result of the crisis (PP Online, June 2). Hayward said: "We will meet our obligations to our employees, an...

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