BP to sell London headquarters as work style shifts


BP Headquarters in London - Filepic Bloomberg

LONDON: BP Plc plans to sell its headquarters in central London as it cuts jobs and adopts flexible working, The Times reported yesterday.

The oil major, which employs 6,500 office staff in the UK, plans to rent back the building on St James’s Square from the new owner for as long as two years before leaving for good, the newspaper said, without citing anyone.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

BP , sell , headquarters , London ,

   

Next In Business News

Ringgit extends loss as robust US jobs data holds greenback near two-year high
PEB secures five-year offshore services contract from PETRONAS Carigali
MFM joint venture granted leave for judicial review of MyCC decision
Ringgit poised for gradual rise, expected to average RM4.10 in 2025
FBM KLCI slips for second day amid mixed regional sentiment
Tengku Zafrul: Malaysia records RM2.62 trillion in trade value for Jan-Nov 2024
Tesla's China sales hit record high in 2024, bucking global decline
Oil steady near two-month highs as market eyes policy support for growth
Asian currencies head for weekly falls with Trump policies in focus
AmBank grants RM498.6mil financing to ProTT

Others Also Read