DP World to Attend UK Investment Summit
DP World to Attend UK Investment Summit

DP World to Attend UK Investment Summit

News summary

DP World, the owner of P&O Ferries, will attend the UK government's international investment summit despite controversy over its £1 billion investment in the London Gateway port. The firm's decision to review this investment followed Transport Secretary Louise Haigh's criticism of P&O as 'rogue operators' due to their mass layoffs in 2022. Haigh has been boycotting P&O and called on others to do the same, which threatened the summit's success and posed a challenge to Keir Starmer’s economic growth strategy. However, the government has distanced itself from Haigh's comments, with Prime Minister Keir Starmer stating that her views do not reflect the government's position. The investment is crucial for the expansion of the London Gateway port, promising hundreds of jobs in Thurrock. Despite the row, DP World's participation in the summit is seen as an opportunity to highlight Britain's investment appeal.

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Right 40%
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6
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1
Right
2
Unrated
1
Last Updated
39 days ago
Bias Distribution
40% Right
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