The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
Big Oil may have to start paying a premium to tack its name onto UK culture. The British Museum is coming under fire from famous climate change activists like film star Emma Thompson for taking corporate sponsorship from BP. For the London institution, the cost of accepting the oil group’s patronage has risen. More to the point, BP isn’t being that generous.
A slight tremor rumbled through a key pillar of British economic growth - household spending – as consumer confidence slipped this month to its lowest level since December 2014.