Bringing classic Castrol back 🤩 Introducing the Castrol Honda LCR Team’s livery for this weekend’s MotoGP™ 75th Anniversary… it’s safe to say that we’re a bit obsessed! 💚 We can’t wait to see Johann Zarco on track with this look on Sunday! #BritishGP #MotoGP #Castrol #LCR LCR Honda MotoGP Team
Ulrich Hermans
2mo
There was a time when “harmony” described the relationship between bp and it’s UK retirees. All 58,000 of them that are part of the company‘s pension fund. And why shouldn’t it? After all, the company lived up to its promises to protect their pensions against inflation. All that changed with Bernard Looney and Murray Auchincloss. They decided to break that commitment and as a result the company pensions — mind you, an essential part of the compensation package while we were working for bp — have lost 11% versus what they should be. Given that a quarter of the pensioners are in their 80s and 90s and unlikely to be able to compensate for this loss while age-related costs are rising at an even greater clip than inflation makes this situation even less appetizing. Far be it for me to speculate why bp did this. Some say that it might have something to do with an attempt to make the fund (which is in surplus) look pretty for an outside investor or insurance company to take over, allowing the surplus to be shifted to bp’s balance sheet and improving the leadership’s bonus metrics, but I can’t imagine that is true. That would be a major breach of the Code of Conduct, and CEOs have been ousted for less. Oh, wait… #bppensions
Michael Sharman
2mo
Castrol lost its way after BP bought it in 2000
Beverly Ord
2mo
How about bringing back the classic bp? That would be the one that made pension promises in good faith. One that fully expected to deliver those promises in full. The one that provided HR teams and external financial advisers to reinforce the strength of the bp Pension scheme, to promote the benefits and to help us with extra contributions to make our futures even more golden and secure. We all now feel betrayed by bp, but probably none more so than those individuals who played a part in promoting the bp Pension scheme, completely unaware that future management would greedily eye the financial prize and pull the rug from under us all. #BPPensions #ageism
Gareth George
2mo
I did not appreciate that bp had any respect for the past - neither its former employees who built the company that is now seeing progressive value erosion, nor the promises that were made over decades of employment but now reneged by the greed of its leaders. Where is the good old bp code of conduct when you need it. #bp #NotMyBp #CodeofConduct #BPpensions #Castrol
Gary Mackay
2mo
bp Castrol Oh dear me. What a set up. How about bringing back the classic bp ? The one that honoured and took care of its pensioners. The one that met its promises to its pensioners. The one that engaged and tackled difficult issues head-on? The one that respected its pensioners and their contributions to building the modern bp #BPpensions.
Fabrizio Bianchi
2mo
One of or the best interpretation of 75th anniversary graphics, super cool.
Dennis Rothe
2mo
Super livery, brings back memories, Colin Edwards @ WSBK
Just stunning!
Michelle Rice
2mo
Love this 💚❤️
There was a time when “harmony” described the relationship between bp and it’s UK retirees. All 58,000 of them that are part of the company‘s pension fund. And why shouldn’t it? After all, the company lived up to its promises to protect their pensions against inflation. All that changed with Bernard Looney and Murray Auchincloss. They decided to break that commitment and as a result the company pensions — mind you, an essential part of the compensation package while we were working for bp — have lost 11% versus what they should be. Given that a quarter of the pensioners are in their 80s and 90s and unlikely to be able to compensate for this loss while age-related costs are rising at an even greater clip than inflation makes this situation even less appetizing. Far be it for me to speculate why bp did this. Some say that it might have something to do with an attempt to make the fund (which is in surplus) look pretty for an outside investor or insurance company to take over, allowing the surplus to be shifted to bp’s balance sheet and improving the leadership’s bonus metrics, but I can’t imagine that is true. That would be a major breach of the Code of Conduct, and CEOs have been ousted for less. Oh, wait… #bppensions