DP World has revealed a £1 billion plan to expand the London Gateway container port at the Government’s investment summit. It comes after reports the P&O Ferries owner was set to shelve the announcement over calls from a Government minister to boycott its subsidiary. On Wednesday last week, Transport Secretary Louise Haigh described P&O Ferries as a “cowboy operator”. Sultan Ahmed bin Sulayem, group chairman and chief executive of DP World, said: “DP World London Gateway will help make Britain’s trade flow in the future by connecting domestic exporters with global markets and delivering vital supply chain resilience for the whole economy. “I am proud of this major investment which underlines DP World’s long-term commitment to the UK.”

Source: Express October 14, 2024 08:24 UTC