P&O Ferries Owner Pulls £1bn UK Investment after Rayner Attack

THE TELEGRAPH: Dubai company chief withdraws from investment summit after Deputy PM’s criticism of employment practices

P&O owner DP World has put a £1bn expansion of one of Britain’s biggest container hubs on hold after ministers attacked the ferry company’s employment practices.

The Dubai-based business had planned to announce the investment in London Gateway port at a summit convened by Sir Keir Starmer, the Prime Minister, next week.

However, Sultan Ahmed bin Sulayem, the DP World boss, will no longer attend the event after Louise Haigh, the Transport Secretary, and Angela Rayner, the Deputy Prime Minister, described P&O as “unscrupulous” and “exploitative” this week. » | Christopher Jasper, Transport industry editor | Friday, October 11, 2024