Sky News | DP World pulls £1bn announcement after Louise Haigh and Angela Rayner's P&O comments @SkyNews | Uploaded October 2024 | Updated October 2024, 4 days ago.
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.
Sky News understands the Dubai-based company's investment was due to be a centrepiece of Monday's event, which is intended to showcase Britain's appeal to investors and will be attended by the prime minister and Chancellor Rachel Reeves.
DP World's investment in the port is now under review however, following criticism by Transport Secretary Louise Haigh and Deputy Prime Minister Angela Rayner of its subsidiary P&O Ferries.
Full story: news.sky.com/story/blow-to-no-10s-investment-summit-as-port-giant-pulls-1bn-announcement-over-pando-row-13231876
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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.
Sky News understands the Dubai-based company's investment was due to be a centrepiece of Monday's event, which is intended to showcase Britain's appeal to investors and will be attended by the prime minister and Chancellor Rachel Reeves.
DP World's investment in the port is now under review however, following criticism by Transport Secretary Louise Haigh and Deputy Prime Minister Angela Rayner of its subsidiary P&O Ferries.
Full story: news.sky.com/story/blow-to-no-10s-investment-summit-as-port-giant-pulls-1bn-announcement-over-pando-row-13231876
SUBSCRIBE to our YouTube channel for more videos: youtube.com/skynews
Follow us on Twitter: twitter.com/skynews
Like us on Facebook: facebook.com/skynews
Follow us on Instagram: instagram.com/skynews
Follow us on TikTok: tiktok.com/@skynews
For more content go to news.sky.com and download our apps: Apple itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
Sky News Daily podcast is available for free here: podfollow.com/skynewsdaily
For analysis of world events, tap here for The World With Richard Engel and Yalda Hakim: podfollow.com/the-world-with-richard-and-yalda
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog
To enquire about licensing Sky News content, you can find more information here: news.sky.com/info/library-sales
