This morning, CEO Murray Auchincloss joined Bloomberg News to talk about bp’s 3Q results, covering our profit beat, operational performance, and divestment progress. 🎥 Watch a 1-minute highlight below, and see the full interview here: https://on.bp.com/439Mlgh
Excellent results. Can bp now afford to deliver the promised cost of living rises to UK pensioners? Bloomberg News
Just look at the comments bp then you might realise that in fact the most important thing is in fact caring for your ex employees, not how much cash you can stuff into the pockets of senior leaders. There is nothing wrong making a profit in itself but it is abhorrent if you bp are still hell bent on seizing the pension fund surplus to help manipulate the bottom line. Start with following our Code of Conduct and acting with moral integrity. You might be amazed how this lightens the burden on your shoulders from knowing the real damage being done to people, both mentally and financially. #bp #BPPensions #CodeofConduct #PensionsZeroes #Notmybp
I see no ships, only pensioners hardships
That means they also have budget for salary increase, correct ? If a company is making profit they must include in their budget also , AT LEAST, a inflation based salary increase for their employees.
Another couple of $Bn of BP Profit this week to add to the $50Bn or so RCOP Profit reported by BP since the BP Pensioner's started to ask 'what about us'? Where has all of this money gone? We've read a lot about BP Share Buy Backs, BP Shareholder Dividend Increases and BP Executive Share Bonuses but there's still no consideration whatsoever for the BP Pensioners. Let's add a little reminder of what they've got to complain about:- · BP refused a BP Pension Trustee request for a BP Pension discretionary cost-of-living increase of 4% in 2023. · BP, again, decided to refuse a BP Pension Trustee request for a BP Pension discretionary cost-of-living increase of 2% in 2024. · BP Pensioners remain stunned by the refusal of BP to approve any discretionary cost-of-living increases in 3 consecutive years of high inflation. · BP Pensioners are due arrears of 11%, which is the total 2021/2022/2023 loss in purchasing power of their BP Pension versus RPI Inflation! #bpPensions
Betraying Pensioners Beyond Perception Bad People
Looking good Murrey, but look up at the camera more so you are full on.
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2wWhy do BP pensioners keep commenting on bp posts? Here’s why 👇 🔴 BP has refused every request from its Pension Trustees for modest, affordable cost-of-living increases - increases that wouldn’t cost BP a penny. 🔴 BP has refused to honour a 30-year policy of protecting pensioners from inflation. 🔴 BP has rebuffed repeated calls to meet with pensioner representatives to discuss solutions to this growing crisis. It’s disappointing 😔 that pensioners feel they must raise these issues publicly, but BP’s decision not to engage leaves them no choice. ➡️ Find out more about the pension dispute at bppensionergroup.org