Newspaper review: Focus on fate and future of BP

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Papers

The fate and future of BP feature in many of the newspapers once again.

The Guardian thinks BP has got off lightly for the Gulf oil disaster, saying it will bounce back from a "near-death experience". , external

Other firms would have suffered "the corporate equivalent of a public lynching" and gone under, it says.

But writing in the Financial Times, external, former BP executive Nick Butler thinks things will never be the same again for the world's big oil companies.

'Lives at risk'

He says they will have to deal with more regulation, higher costs, and less access to deepwater oilfields.

Meanwhile the Sun bids farewell to BP's chief executive, Tony Hayward, with the headline: "Oil Get My Coat". , external

In other news, the Times claims the leaking of 90,000 intelligence documents will put Afghan lives at risk because they identify informants., external

The Daily Express, external reports the soaring value of the pound will see money go further for those holidaying abroad.

Coalition at war?

Donkey work

The German Language Foundation thinks the resulting hybrid - coined Denglish - is harming German culture.

A male model with a mobile phone at a photo-shoot can now be a "Dressman with a Handy at a Shooting", it says.

Finally the Sun says Spurs boss Harry Redknapp has agreed to give a home to tormented Russian donkey Anapka., external

The paper says Mr Redknapp was "sickened" by pictures of the donkey parasailing and is planning on opening an animal sanctuary in Hampshire.

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