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Port giant drops £1bn investment announcement after transport secretary comments about P&O ferries

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DP World has withdrawn from a major investment summit following remarks by the Transport Secretary, Louise Haigh, in which she referred to its subsidiary, P&O Ferries, as a 'cowboy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.'

DP World has withdrawn from a major investment summit following remarks by the Transport Secretary, Louise Haigh, in which she referred to its subsidiary, P&O Ferries, as a "cowboy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." Haigh’s comments were made during an interview where she criticised P&O Ferries for its controversial treatment of workers in 2022, when the company fired 800 British employees and replaced them with cheaper overseas staff.

Read more: Daughter who murdered parents and lived with bodies for four years jailed for life - with minimum of 36 yearsRead more: More than 50 UK-linked firms investigated for suspected breaches of Russian oil sanctionsHighlighting the broader aim of the legislation, Haigh added: “Make no mistake, this is good for workers and good for business. "Cowboy operators like P&O Ferries will no longer be able to act with impunity, undercutting responsible employers in the process.

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