BP unites Christians in opposition to high exec pay and poor safety

BP and its legacy

BP fans more flames with its corporate management strategy than it ever does with oil itself. If they just decided once and for all that telling lies, covering up mistakes and generally acting like spivs on the make is not the stuff of proper corporate management then they might make some progress. As it is,  investors and Christian ones at that, are decidely uneasy with it all.

Both Catholic and protestant investing groups are likely to vote against the remuneration pacxkages, the election of certain directors and other items on the agenda. BP executives should realise that labourers are worthy of their hire but shysters are first in line for throwing out of the temple!

More here: - http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/8433017/BP-unites-Christians-in-opposition-to-high-exec-pay-and-poor-safety.html

George Osborne to watch fuel prices 'like a hawk'

The eyes have it!

It's good to hear that the windfall tax on oil companies announced in the Budget will not be passed on to motorists in higher fuel prices.  George Osborne says ministers will be "watching like hawks" and will be wanting to "make sure" the tax rise is not passed on to motorists. I hope his talons are sharpened. A visit to his manicurist may be in order.

The Budget was like a curate's egg. Good in parts. Still no mention of clawing back the tax that large corporations just don't pay. Maybe the hawks have diplopia like me. In which case a good pair of spectacles might help or a hawk with gimlet eyes!