The government had to 'have a conversation' in order to secure the landmark DP World investment announcement that was reportedly derailed by comments from the transport secretary. Appearing on Sunday Morning With Trevor Phillips, Business and Trade Secretary Jonathan Reynolds was asked how close the government came to losing the £1bn commitment in the London Gateway port. Mr Reynolds said: 'Look, we've had to have a conversation following some of the press reports.
Pushed repeatedly about the reason for the world's richest man's non-attendance, Mr Reynolds said he would not comment on a 'specific person', but said the gathering was about 'who can bring the kind of investments that will make the biggest difference' - before adding that 'not everyone can come'.
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Government had 'conversation' with P&O Ferries owner after minister's criticism 'put £1bn investment under review'The government had to 'have a conversation' in order to secure the landmark DP World investment announcement that was derailed by comments from the transport secretary.
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Port giant drops £1bn investment announcement after transport secretary comments about P&O ferriesDP World has withdrawn from a major investment summit following remarks by the Transport Secretary, Louise Haigh, in which she referred to its subsidiary, P&O Ferries, as a 'cowboy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.'
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DP World to proceed with £1bn investment despite 'cowboy operator' rowDespite controversy surrounding calls from Labour MP Louise Haigh labeling P&O Ferries a 'cowboy operator', DP World, the parent company, has confirmed it will attend a major investment summit and proceed with its planned £1 billion investment in the UK.
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