UK retail sales slow as cost of living squeeze bites; BP profits beat forecasts

UK retail sales slow as cost of living squeeze bites; BP profits beat forecasts

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Oil giant BP has beaten profit forecasts this morning, despite a drop in earnings. BP made adjusted earnings of almost $3bn in the final quarter of 2023, ahead of expectations of $2.76bn, but down on the $4.8bn profits made in Q4 2022 when energy prices were higher. For the full year, BP’s profits…

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