BP considering dividend payment deferral

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BP is considering plans to defer payment of its next dividend to shareholders by placing the money in an escrow account until the full scale of the company's liabilities from the Gulf of Mexico disaster can be determined, sources claim.

BP board members are discussing a plan that would see the expected £1.7bn second-quarter payout, due to be announced on July 27, delayed until the crisis can be brought under control, relieving som...

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