BP shakes up its leadership … again

27 May 2026 · 10m

FT News Briefing

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Show notes

Iran accused the US of “flagrant” violations of their ceasefire, BP has ousted its chair Albert Manifold following “serious concerns” over his behaviour, and two top European central bankers laid the groundwork for a likely interest rate rise in June. Plus, dealmaking in the mid-cap part of the UK market has sprung to life.

Mentioned in this podcast:

Iran accuses US of ‘flagrant’ ceasefire violations as back-channel talks continue

BP removes chair Albert Manifold over ‘serious concerns’ about his conduct

Top ECB policymakers lay groundwork for June rate rise

Merger spirits could lift the UK’s languishing mid-caps

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Today’s FT News Briefing was hosted and edited by Marc Filippino, and produced by Sonja Hutson and Fiona Symon. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann. Our executive producer is Topher Forhecz. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

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