BP could tap into an £8billion fund to settle claims filed by a group of fishermen and businesses affected by the Deepwater Horizon disaster. The UK oil giant is due to go on trial in the US with two contractors on Monday to find who was responsible for the huge spill in April 2010, but it could agree compensation before the case starts.
It is understood BP is in discussions with the plaintiffs’ steering committee which represents the claimants but neither party would comment on the potential settlement.