UK PM Says BP Should Not Collapse

British Prime Minister David Cameron has warned against "the destruction" of energy giant BP at a time when the company's shares value have fallen to a record 14-year low.

While the London-based oil group is dealing with a disaster in the Gulf of Mexico, Cameron, on Saturday, urged transparency over its liability in addressing the crisis.

"I think it is also in all our long-term interests that there is some clarity, some finality, to all of this, so that we don't at the same time see the destruction of a company that is important for all our interests," said Cameron, who is attending the G8 summit in Canada, AFP reported.'

Read more...