P&O Ferries’ owner pulls news of £1bn port investment after ministers criticise firm

Transport secretary denounced DP World over mass sackings while bringing in protections for workers at seaDP World, the Dubai-based owner of P&O Ferries, has put the announcement of a reported £1bn investment in the UK on hold after fierce criticism of the firm by ministers this week.The announcement of plans by DP World to expand its London Gateway port was due to be a key part of the Labour government’s investment summit on Monday. Continue reading...