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Sky News at Ten: A major blow to No 10's investment summit as port giant pulls £1bn announcement
Posted
October 11, 2024
Views
105,348
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284
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October 11, 2024
105,348
284
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57:30Now PlayingWatch News at Ten as the government's Investment Summit has suffered a major blow after ports and logistics giant DP World pulled a scheduled announcement of a £1bn investment in its London Gateway container port, following criticism by members of Sir Keir Starmer's cabinet.
Sky News understands the Dubai-based company's investment was due to be a centrepiece of Monday's event, which is intended to showcase Britain's appeal to investors and will be attended by the prime minister and Chancellor Rachel Reeves.
DP World's investment in the port is now under review however, following criticism by Transport Secretary Louise Haigh and Deputy Prime Minister Angela Rayner of its subsidiary P&O Ferries
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