William Robbins

Shell strives to protect £10bn of dividends with cost cutting

Oil giant Shell is aiming to protect its $15 billion (£10 billion) of dividend payments to shareholders amid ‘lower forever’ oil prices by cutting costs. Shell will pay down debt and curb spending amid continued low oil prices, according to reports. Its capital expenditure for 2016 was initially expected to be around $33 billion. This was revised down

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The MitonOptimal group of companies are independent multi-asset investment managers, majority-owned by our management and directors. We employ over 40 staff across offices in Guernsey, South Africa and the United Kingdom. Our primary business focus is the delivery of Discretionary Investment Management and Client Portfolio Management services to a global client base of intermediary and private clients, as well as a range of regulated funds.