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Bumper BP profits despite accounting loss

Oil giant BP booked bumper underlying profits despite a big loss on its exit from Russia.

Oil giant BP booked bumper underlying profits despite a big loss on its exit from Russia. Bill Farren-Price is an energy analyst at Enverus, and explains the figures. And we explore whether oil firms are likely to face windfall taxes on their profits, after Italy increased such a tax, with Chiara Albanese from Bloomberg in Rome. Also in the programme, the 主播大秀's Mike Johnson examines why Turkey is seeking to rebrand itself with its Turkish name, T眉rkiye. Plus, as a law firm tells its employees they can work from home if they agree to a 20% pay cut, Emma Bartlett, employment law partner at CM Murray tells us whether it's an idea that is likely to catch on.

Today's edition is presented by Will Bain, and produced by Nisha Patel, Russell Newlove and Frey Lindsay.

(Picture: A BP sign. Picture credit: Getty Images.)

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27 minutes

Broadcast

  • Tue 3 May 2022 14:32GMT