DP World to Attend UK Investment Summit

DP World, the owner of P&O Ferries, will attend a crucial investment summit in the UK despite recent criticism from Transport Secretary Louise Haigh, who labeled the company a 'cowboy operator' and called for a consumer boycott. Sir Keir Starmer distanced himself from these comments, asserting they do not reflect the government's stance, and emphasized the importance of attracting investment. Initially, a planned £1 billion investment by DP World was under review following the backlash. However, after negotiations involving Downing Street, the firm confirmed its attendance, alleviating concerns about the investment. The summit, which aims to showcase Britain's investment appeal, will also feature other prominent government officials. This situation highlights ongoing tensions between the government and P&O Ferries following its controversial decision to lay off British seafarers in 2022.