U.K. TREASURY CONFIRMS BP SALE TO GO AHEAD The British Treasury confirmed that the sale of British Petroleum Co Plc will go ahead as planned, despite Monday's stock market crash which forced BP below the 330p a share set for the 7.2 billion stg issue. "The government are not considering terminating the BP offer. The offer has been fully underwritten," a Treasury spokesman said. The issue, which remains open until October 28, was fully underwritten last week when the issue price was set. BP shares closed down 33p at 317p as the FT-SE 100 share index crashed a record 249.6 points, more than 10 pct.