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FTSE 100 holds onto gains as BP hit by 'final' $5.2bn oil spill charge

UK blue chips up 0.2%

Daniel Flynn

26 July 2016 • 2 min read

The FTSE 100 maintained positive ground in morning trading today despite BP falling 2.8% as it revealed it had booked a further $5.2bn charge in Q2 for the 2010 Gulf of Mexico oil spill.

By 11am, the UK's blue-chip index was up by 0.2% to 6,721 points, led by BT Group, which rose by 4.9% to 406.45p after regulator Ofcom said its Openreach business did not need to be split off from ...

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