World Business Report

BP turns its back on renewables

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BP plans to raise oil and gas spending to $10billion a year and cut its renewable energy investments. We hear from Nick Butler, BP's former head of strategy.In Hong Kong, the city's budget has been announced including their plan to cut 10,000 job cuts.And Gideon Long speaks to South Africa's Citrus Growers Association about the G20 meeting in Cape Town.