BUSINESS LIVE:  BP slashes dividend; Easyjet raises flight capacity; Diageo profits slide 

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BUSINESS LIVE: BP slashes dividend; Easyjet raises flight capacity; Diageo profits slide

By This Is Money

Published: | Updated:

BP has slashed its dividend payout to 4p per share. This is the first time it has cut the payment since the Deepwater Horizon disaster, after the company’s profits were squeezed by a drop in the price of oil. 

Easyjet has said it is operating more flights than previously planned due to demand exceeding expectations.

The airline is expanding its schedule to 40 per cent of normal capacity between July and September, up from 30 per cent predicted in June.

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