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The Guardian - UK
The Guardian - UK
Business
Gwyn Topham and Richard Partington

P&O Ferries’ owner pulls news of £1bn port investment after ministers criticise firm

PO DP World Louise Haigh PO Ferries Boris Johnson Sir Keir Starmer Angela Rayner Grant Shapps Peter Hebblethwaite Rachel Reeves
P&O ferry
The plan to expand London Gateway was to be a key part of the government’s investment summit on Monday. Photograph: Glyn Kirk/AFP/Getty Images

DP World, the Dubai-based owner of P&O Ferries, has put the announcement of a reported £1bn investment in the UK on hold after fierce criticism of the firm by ministers this week.

The announcement of plans by DP World to expand its London Gateway port was due to be a key part of the Labour government’s investment summit on Monday.

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