The government's Investment Summit has suffered a major blow after ports and logistics giant DP World pulled a scheduled announcement of a £1bn investment in its London Gateway container port, following criticism by members of Sir Keir Starmer's cabinet.
Hundreds of business leaders and investors, including representatives of US private capital and sovereign wealth funds, will attend the event in the City of London, as the government tries to drum up billions of pounds in foreign investment to fund its plans. The event is seen by Downing Street as an attempt to reset Sir Keir's premiership after a faltering first 100 days mired in rows about his advisers and acceptance of freebies.
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