Government had 'conversation' with P&O Ferries owner after minister's criticism 'put £1bn investment under review'

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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.

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. 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.

Sky News revealed on Friday that the £1bn investment announcement was under review - before it was revealed yesterday that it would go ahead as planned. Asked if the announcement - set to be the landmark pledge of the coming week's investment summit - was almost pulled, Mr Reynolds would only say that it is now 'going ahead'. The minister was also questioned about why Tesla and SpaceX founder Elon Musk was not going to be present at the government's investment summit.

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Port giant drops £1bn investment announcement after transport secretary comments about P&O ferriesDP World has withdrawn from a major investment summit following remarks by the Transport Secretary, Louise Haigh, in which she referred to its subsidiary, P&O Ferries, as a 'cowboy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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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'.
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P&O Ferries owner's £1bn investment in UK will go ahead despite transport secretary calling for boycott of shipping firmSky News earlier revealed that the planned investment was under review and that Dubai-owned DP World's chairman, Sultan Ahmed bin Sulayem, had cancelled plans to attend a London investment summit following criticism by government minister Louise Haigh.
แหล่ง: SkyNews - 🏆 35. / 67 อ่านเพิ่มเติม »

P&O Ferries owner's £1bn investment 'will go ahead' in lead up to PM's investment summit despite Haigh rowDP 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'.
แหล่ง: LBCNews - 🏆 75. / 59 อ่านเพิ่มเติม »