Rolling coverage of the latest economic and financial newsLatest: PizzaExpress could close 15% of UK restaurants in rescue deal1,100 jobs at risk Earlier:Oil giant cuts dividend to 5.25 cents per shareBP posts huge loss after asset writedownsDiageo hit by sales slump, but easyJet expands schedule 1.24pm BST Back in the City, oil giant BP is still among the t […]

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