What's happening at BP?

What is happening at BP? We are used to watching the dozy oil company plodding round the doldrums, the butt of City scorn. Expensive efforts to promote the company must be paying off.

The sexy annual report recently won the Institute of Chartered Accountants prize. Now its directors seem to be returning to polite society. I notice that David Simon, the chairman assumptive, has been appointed to the court of the Bank of England. Can the run of luck last?