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Bank of England expected to hold interest rates

Investors predict MPC will maintain interest at 5.25% when it meets on Thursday.

Aker BP chief aims to make more oil acquisitions -CEO

Reuters - UK Focus

OSLO, Jan 16 (Reuters) - Norwegian oil firm Aker BP (LSE: 0M5J.L - news) continues to seek mergers and acquisitions, Chief (Taiwan OTC: 3345.TWO - news) Executive Karl Johnny Hersvik told an investor conference on Monday.

The company, owned 40 percent by Norway's Aker ASA (LSE: 0MJX.L - news) and 30 percent by BP, prefers oil-related assets rather than gas, and wants acquisitions to be accretive to its earnings, he added, without naming any potential targets.

Even (Taiwan OTC: 6436.TWO - news) without any mergers or acquisitions Aker BP has plans to more than double its output by 2023, the company announced on Monday. (Reporting by Nerijus Adomaitis, editing by Terje Solsvik)