DP World Cancels £1 Billion UK Investment Amid P&O Ferries Scandal

DP World Cancels £1 Billion UK Investment Amid P&O Ferries Scandal

Dubai-based DP World pulls out of a £1 billion investment in the UK’s London Gateway port following criticism from Sir Keir Starmer’s cabinet. The decision comes after P&O Ferries, a subsidiary of DP World, faced backlash for firing 800 British sailors. This controversial move hits the government's Investment Summit, a critical event aimed at attracting foreign investors. Transport Secretary Louise Haigh and Deputy PM Angela Rayner’s strong stance on P&O’s actions casts doubt on the government's investment strategy and raises questions about the handling of critical infrastructure projects in the UK.

 
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DP World investment, P&O Ferries scandal, London Gateway port, UK Investment Summit, Sir Keir Starmer cabinet, Transport Secretary Louise Haigh

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