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Labour and Lib Dems to hit joint total of 339 seats, study predicts

Houses Of Parliament

The Labour Party will narrowly win more seats than the Conservatives – and the Liberal Democrats will be saved from wipe out by the first-past-the-post system, according to a new electoral forecast by Prof Paul Whiteley at the University of Essex, co-director of the British Election Study from 2001 to 2012.

BP to follow Shell in cutting spending

Axe In Wood

BP will on Tuesday unveil plans to slash billions of pounds off its capital spending programme in a bid to counter the impact of plunging oil prices and a 40% fall in its fourth quarter profits.

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