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BP shares fall after shock departure of chief executive

Bernard Looney resigned having admitted to failing to fully detail relationships with colleagues

BP boss Bernard Looney resignsBusiness live – latest updates

BP shares fell on Wednesday after the previous night’s shock announcement that its chief executive had resigned having admitted to failing to fully detail relationships with colleagues.

Bernard Looney, who spent his entire career with the oil and gas multinational, departed the £88bn company with immediate effect, less than four years into his tenure.

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