DP World: P&O Ferries owner unveils £1bn London Gateway investment following row Business DP World had threatened to cancel the announcement after Transport Secretary Louise Haigh described its subsidiary as a "cowboy operator."
Like it or loathe it, DP World’s £1bn investment is vital to UK shipping Business The government narrowly avoided a major setback after DP World, the owner of P&O Ferries, threatened to pull £1bn in investment from London Gateway port.
DP World: Ministers had ‘conversation’ to salvage investment after row Politics Ministers were forced to “have a conversation” with executives from DP World to secure its investment after a senior minister referred to one of its subsidiary P&O Ferries a “rogue operator”, the business secretary has said. Business secretary Jonathan Reynolds said the investment – which was reportedly put in jeopardy following the scathing criticism of [...]
DP World to attend government investment summit despite call to boycott P&O October 12, 2024 DP World will attend the government’s international investment summit on Monday despite reports that a row over calls to boycott its subsidiary P&O Ferries had put a £1bn investment at risk. Dubai-based DP World was reported to have pulled out of the summit and put plans to announce a major investment in the UK under [...]