FTSE down slightly

BP outperformed its oil rivals in the FTSE 100 Index today after incoming chief executive Bob Dudley announced a raft of measures aimed at rebuilding the shaken company.

Shares in the oil giant climbed 8.7p or 2% to 413.8p after Mr Dudley, who takes over from embattled boss Tony Hayward on Friday, said he hoped the launch of a new safety division would restore trust after the Gulf of Mexico disaster.