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CITY VIEWS: DOES THE OIL SPILL JEOPARDISE BP’S LONG-TERM FUTURE?

Marion Dakers
MATT JOHNSON | UNITED INSURANCE BROKERS

“It’s such a big task to sort. They are not doing enough to stop it, since the well is still leaking weeks on. In the trade press, it's such a big story and it's surprising the national press aren't covering it more. I think Obama has done the right thing in intervening.”

TIM CRAGG | LLOYDS OF LONDON

“While BP’s reputation hasn’t been great for the last couple of years, this has the potential to damage them financially for the foreseeable future. It’s important for the US government to show they are in control of this situation, as they are not entirely blameless.”

KEITH EAGLESTON | MARSH BROKERS

“I thought the financial cost of the damage would be more than these estimates – they have got off lightly if that turns out to be the final cost. Their reputation is pretty terrible anyway, after the tar sands recently, so I don’t know how much worse it can get.”