BP to seek Cameron's help as oil spill costs escalate

The Deepwater Horizon disaster in 2010 killed 11 oil rig workers and released an estimated four million barrels of oil into the Gulf and along the coastline.

BP's financial recovery since Deepwater Horizon oil spill is being put in jeopardy by the escalating amounts of compensation being paid out to businesses in the region.

Professor Dane Ciolino, a professor of law at Loyola University in New Orleans told BBC Radio 5 live's Wake up to Money that ''BP is essentially just being held to its word" whereas Malcolm Bracken, an oil analyst at the stockbrokers Redmayne Bentley, warned that BP had been "severely damaged".