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Page last updated at 08:54 GMT, Wednesday, 2 June 2010 09:54 UK

Peston: BP 'to pay ultimate cost'

Shares in BP closed down 13% yesterday. The sell-offs came as the firm's so-called "top kill" bid failed to plug the massive spill from its leaking well in the Gulf of Mexico. Business editor Robert Peston has the latest on the financial fallout from the Gulf spillage.

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