The owner of P&O Ferries has 'turned a corner' since 800 staff were sacked without notice and its £1bn investment is going ahead, a minister has told Sky News. Dubai-based company DP World, which owns P&O, had considered pulling its announcement of a £1bn investment in its London Gateway container port after strong criticism of it by members of Sir Keir Starmer's cabinet.
'Just last week, we introduced workers' rights legislation, which includes maritime activity too and P&O, and its parent company, DP World, signed up to it. 'That means we're looking to the future. DP World are here today. 'That £1bn worth of investment is going forward. And I'm really pleased about that.
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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
£1bn investment by P&O Ferries’ owner set to go ahead despite Transport Secretary’s jibe...New workers’ right rules will just mean firms hiring fewer people say Julia Hartley-Brewer
Source: TheSun - 🏆 64. / 61 Read more »
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.
Source: SkyNews - 🏆 35. / 67 Read more »
'We had conversation' with P&O Ferries owner, says minister, after criticism 'put £1bn investment under review'The £1bn pledge by DP World - which owns P&O Ferries - was thrown into jeopardy after Transport Secretary Louise Haigh branded the shipping company a 'rogue operator' and said consumers should boycott it.
Source: SkyNews - 🏆 35. / 67 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Port giant drops £1bn investment announcement after transport secretary comments about P&O ferriesDP World has withdrawn from a major investment summit following remarks by the Transport Secretary, Louise Haigh, in which she referred to its subsidiary, P&O Ferries, as a 'cowboy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 »