BP slide drags FTSE down

London's FTSE 100 Index fought back from hefty falls today, but oil giant BP remained deep in the red after failing again to block the Gulf of Mexico oil spill.

BP slide drags FTSE down

London's FTSE 100 Index fought back from hefty falls today, but oil giant BP remained deep in the red after failing again to block the Gulf of Mexico oil spill.

BP suffered a 17% slide at one stage in its biggest one-day shares fall for 18 years, before closing down 13%.

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