P&O Ferries owner's £1bn investment 'will go ahead' in lead up to PM's investment summit despite Haigh row

  • 📰 LBCNews
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 59%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

DP World, the parent company of P&O Ferries, 'will go ahead' with a £1bn investment despite a row over the Transport Secretary calling the operator a 'cowboy'.

DP World, the parent company of P&O Ferries, "will go ahead" with a £1bn investment despite a row over the Transport Secretary calling the operator a "cowboy". Labour MP Louise Haigh labelled P&O Ferries a "cowboy operator" in recent days, leading to the company pausing its plans to invest £1bn in its UK operation.

In an effort to contain the fallout, Downing Street distanced itself from Haigh's comments, with a source clarifying that her views did not represent the government's official position.This incident underscores the tensions between political criticism and business interests, especially in cases like P&O Ferries, which have faced public outrage over controversial business practices.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 75. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

P&O Ferries owner 'will attend' PM's investment summit despite Haigh's 'cowboy operator' commentsDP World, the parent company of P&O Ferries, will attend the Prime Minister's investment summit despite a row over the Transport Secretary calling the operator a 'cowboy'.
Source: LBC - 🏆 17. / 74 Read more »

Port giant drops £1bn investment announcement after transport secretary comments about P&O ferriesDP World has withdrawn from a major investment summit following remarks by the Transport Secretary, Louise Haigh, in which she referred to its subsidiary, P&O Ferries, as a 'cowboy operator.'
Source: LBCNews - 🏆 75. / 59 Read more »

PM's investment summit in chaos as port giant pulls £1bn announcement after minister brands P&O 'cowboy...DP World has withdrawn from a major investment summit following remarks by the Transport Secretary, Louise Haigh, in which she referred to its subsidiary, P&O Ferries, as a 'cowboy operator'.
Source: LBCNews - 🏆 75. / 59 Read more »