The government's Investment Summit has suffered a major blow after ports and logistics giant DP World pulled a scheduled announcement of a £1bn investment in its London Gateway container port, following criticism by members of Sir Keir Starmer's cabinet.

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RTÉ

Ireland

P&O Ferries owner pauses £1bn investment in Britain

https://www.bbc.com/news/articles/cj9jp3ey0exo Discussions about a London port expansion worth £1bn are ongoing as the government tries to resolve a row with the investor.DP World planned to reveal the expansion of its London Gateway port, which it said would create hundreds of jobs, at the government’s investment summit next week.However, reports suggested the plan was at risk after Transport… Source

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BBC News

Government of the United Kingdom

United Kingdom

DP World: Talks over £1bn UK port expansion ongoing after row

Keir Starmer admitted to ‘bumps and side winds’ in his first 100 days as prime minister

The Independent

Evgeny Lebedev

London

Greater London

England

Starmer risks ministerial rift with slap down of transport secretary

P&O Ferries owner pauses £1 billion investment in UK after criticism from the Labour firebrand.

Daily Express

Reach plc

£1bn UK investment pulled after Angela Rayner's attack

Port and logistics firm DP World has paused a 1 billion pound investment in Britain after ministers criticised practices at its subsidiary P&O, in a blow to the government on the eve of a flagship investment summit.

Government of Ireland

The Prime Minister has declined to comment on reports a £1 billion investment in the UK has been jeopardised by ministers’ criticism of the company behind it.

Shropshire Star

MNA Media

Ketley

Shropshire

Ports company pulls £1bn investment over ministers’ criticism – reports

Here are the newspapers making headlines on Saturday.

Evening Standard

Alfred Harmsworth (barrister)

Geraldine Mary Harmsworth

Patricia Harmsworth, Viscountess Rothermere

Carron Greig

What the papers say – October 12

DP World Ltd. is putting a major investment at its London port under review after the British government criticized employment practices at one of the Dubai-based l…

Financial Post

Leon Cooperman

Allianz

Canada

DP World Pauses £1 Billion UK Expansion Amid Government Row

Dubai-based company DP World decides to review its plans following criticism by members of Sir Keir Starmer's cabinet about its subsidiary P&O Ferries.

Sky News UK

Roberts family

Blow to No 10's investment summit as port giant pulls £1bn announcement over P&O row

DP World Ltd. is putting a major investment at its London port under review after the British government criticized employment practices at one of the Dubai-based logistics giant’s subsidiaries.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

United States

DP World Pauses £1 Billion UK Expansion Amid Government Row

The owner of P&O Ferries has put at risk a £1bn investment to expand one of Britain’s largest ports, following a row with ministers. Dubai-based DP World planned to unveil the expansion of London Gateway Port at the Labour government’s investment summit on Monday. Those plans have now been placed on hold, according to reports, after the Transport Secretary Louise Haigh and Deputy Prime Minister Angela Rayner criticised P&O in an announcement unv…

Blow to No 10's investment summit as port giant pulls £1bn announcement over P&O row

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