BP DB plan surplus drops by £833m in three months

The group’s total net DB plan surplus was £3.3bn as at 31 December 2022

Holly Roach
clock • 1 min read
BP DB plan surplus drops by £833m in three months

BP Group’s total net defined benefit (DB) plan surplus reduced by $1bn (£883m) in the three months to 31 December 2022.

The firm's full-year results - published today (7 February) - revealed the surplus as at 31 December 2022 was $4.0bn (£3.3bn), compared to a surplus of $5.0bn (£4.1bn) at 30 September 2022. Howe...

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Holly Roach
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Holly Roach

News Editor at Professional Pensions

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