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The Latest Breaking News from DP World

Ex-Barclays boss Jes Staley admits having sex with member of Jeffrey Epstein staff

Testimony comes during combative day of cross-examination which also highlighted messages involving Prince Andrew

The Guardian - UK

UAE becomes Africa’s biggest investor amid rights concerns

Activists alarmed at emirati companies’ poor record on labour rights and fear projects may fail to address environmental concerns

The Guardian - UK

P&O Ferries spent £47m on mass layoffs amid financial woes, accounts show

Delayed filings reveal cost of sacking 786 seafarers and replacing them with lower-paid agency staff in 2022

The Guardian - UK

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Abu Dhabi HSBC Championship Picks, Predictions And Odds

Ahead of the first stage of the 2024 DP World Tour playoffs, some of the Golf Monthly team has picked out a handful of names expected to be in contention

Golf Monthly

Ministers urged to cut ties with P&O Ferries owner over links to Russia

The government is facing calls to cease trading with DP World because of its partnership with Putin’s northern sea route

The Guardian - UK

DP World Official Optimistic About Potential Deal to End Split in Pro Golf

A DP World communications officer believes a deal will be struck within six months and cited another sport's structure as a model.

Sports Illustrated

'A Fantastic Buffet Of Golf Throughout The Year' - Have We Had First Glimpse Of The Future Of Golf?

A recent interview with a high-ranking executive within the world of golf might have given us the biggest glimpse yet of what the future of the sport could look like if and when a PGA Tour-PIF deal gets made

Golf Monthly

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Senior Executive Confident PGA Tour-PIF Deal Will be Done 'Within The Next Six Months'

Daniel Van Otterdijk, the group chief communications officer at DP World, the title sponsors of the European Tour, has faith that an agreement can be reached in the near future per an exclusive interview with UAE-based Gulf News.

Golf Monthly

Starmer tries – and fails – to keep up with the business in-crowd jargon

When CEOs are dangling investment promises worth billions, all other promises get burned – and any ability to speak disappears

The Guardian - UK

Rachel Reeves boosts big business as she caps corporation tax at 25% and woos investment in Britain

Fourth big tax freeze as chancellor makes bold offer to attract top global firms to UK

The Independent UK

Sudan’s humanitarian crisis won’t be sidelined

Letters: It is on the frontline of climate change as well as bloody conflict, writes Sarah Roberts of Practical Action; plus letters from Erica Carter and Pat Brandwood

The Guardian - UK

OPINION - The investment summit should be a chance to bring back investors but it's shown up government incompetence

This should be an opportunity for global investors to see Britain at its best; if not, they’ll go elsewhere

Evening Standard

Britain hosts an international investment summit and denies snubbing Elon Musk

Britain’s new Labour Party government is announcing billions of pounds in investment in U.K. artificial intelligence, life sciences and infrastructure at a business summit

The Independent UK

Starmer Vows To Cut Red Tape As He Urges Foreign Investors To 'Back' UK

Prime Minister Keir Starmer on Monday told global business leaders it was "time to back Britain", as he hosted a major summit aimed at securing much-needed funds to fuel economic growth after post-Brexit chaos.

International Business Times

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Evening Standard

DP World £1billion expansion of London Gateway port gets go-ahead creating 400 new jobs, say company chiefs

Two new shipping berths and a second rail terminal will be built at the site

The Guardian - UK

Over £60bn of pledges announced at UK’s investment summit – as it happened

Chancellor says £60bn of investment has been announced at summit, showing confidence in UK economy

The Independent UK

Starmer vows bonfire of red tape to get Britain building ahead of investment summit

Sir Keir Starmer is pledging to ‘rip out the bureaucracy that blocks investment’ and ensure regulators prioritise economic growth in their decision-making

Evening Standard

Keir Starmer vows to rip up investment red-tape as PM woos business leaders at London summit

The Prime Minister makes his ‘pitch for Britain’ as he seeks to fire up the UK’s economic growth

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The Guardian - UK

Keir Starmer will promise to slash red tape as he hosts investment summit

Unions express concern as PM to say government will ‘rip out the bureaucracy that blocks investment’

The Guardian - UK

P&O Ferries not rogue, says business secretary after cabinet rift

Jonathan Reynolds continues damage limitation effort after colleague Louise Haigh called firm a ‘rogue operator’

The Independent UK

Business secretary slaps down Louise Haigh over P&O Ferries ‘rogue operator’ row

Jonathan Reynolds said Louise Haigh was not speaking for the government when she dubbed P&O Ferries a ‘rogue operator’ and called for the firm to be boycotted

Evening Standard

Government had to ‘have a conversation’ with DP World to salvage £1 billion investment

Business Secretary Jonathan Reynolds was asked how close the Government came to losing DP World’s planned £1 billion investment.

The Guardian - UK

Starmer steps into cabinet row over P&O to rescue global summit in London

The PM has backed transport secretary Louise Haigh after she called ferry firm a ‘rogue operator’, threatening investment summit

Evening Standard

P&O owner to attend investment summit after Starmer disowns minister’s ‘boycott’ comments

The firm will now attend Monday's gathering of 300 business leaders

The Independent UK

P&O boss will attend investment summit after Starmer’s rebuke to minister over ‘cowboy’ comment

After efforts by Downing Street to smooth relations, DP World will attend Monday’s gathering, which is thought to be key to attracting investment in the UK

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