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

P&O Ferries owner pulls £1bn UK port investment following row with ministers

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…

Starmer risks ministerial rift with slap down of transport secretary after £1bn investment loss – UK Times

Keir Starmer has risked deepening a rift in his own government after he used an interview with the BBC to criticise his transport secretary Louise Haigh. The prime minister appeared on the BBC News Newscast podcast with Adam Fleming and Chris Mason, where he was pressed on Ms Haigh’s comments to ITV earlier this week where she suggested a boycott of P&O ferries. The transport secretary had been discussing widespread anger with the ferry company …

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What the papers say – October 12

Here are the newspapers making headlines on Saturday.

Logistics firm threatens to pull £1bn UK investment after Transport Secretary criticism

Reports claim a billion-pound investment in the UK could be under threat because ministers have criticised P&O Ferries – whose parent company DP World is behind it. Tonight Downing Street said comments by the Transport Secretary Louise Haigh were her “personal view” and didn’t represent the Government’s view. The Prime Minister has been in Edinburgh at the inaugural meeting of the Council of Nations and Regions, although his former chief of staf…

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

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