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Business · 24 December 2025

BP sells 65% of Castrol lubricants business to Stonepeak for $6 billion in debt reduction drive

BP sells 65% of Castrol lubricants business to Stonepeak for $6 billion in debt reduction drive

Photo by Victor on Unsplash

UK retailers have launched extensive Christmas promotions, with major chains offering up to 70% discounts to attract cost-conscious consumers dealing with economic pressures. Black Friday sales began in late November, and in some cases earlier, across retailers like Boots and Superdrug, with festive promotions continuing into December. Following recent monetary policy easing, Britain's leading share index is trading near its all-time high of around 9,900 points, having experienced modest holiday-period gains in December.

Reported by Theguardian · How we write briefs

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