Connect with us

Published

on

The government had to “have a conversation” in order to secure the landmark DP World investment announcement that was reportedly 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.”

Politics latest: Minister quizzed on why Musk isn’t invited to investment summit

The £1bn pledge by the Dubai-based firm DP World – which owns P&O Ferries – was thrown into jeopardy after Transport Secretary Louise Haigh branded the shipping company a “rogue operator” and said consumers should boycott it.

In March 2022, P&O Ferries caused huge controversy by sacking 800 British seafarers and replacing them with cheaper, largely foreign workers, a move it said was required to prevent the company from collapsing.

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.

The UK's largest quay cranes, weighing over 2,000 tonnes, are offloaded at DP World London Gateway. Picture date: Wednesday February 21, 2024.
Image:
DP World is now set to go ahead with a £1bn commitment in the London Gateway port. Pic: PA


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.

Donald Trump and Elon Musk in Butler, Pennsylvania. Pic: AP
Image:
Elon Musk recently spoke at a Donald Trump rally. Pic: AP

Please use Chrome browser for a more accessible video player

‘Why didn’t you invite Elon Musk?’

Pushed repeatedly about the reason for the world’s richest man’s non-attendance, Mr Reynolds said he would not comment on a “specific person”, but said the gathering was about “who can bring the kind of investments that will make the biggest difference” – before adding that “not everyone can come”.

Asked about the decision on the London Gateway port on Saturday, a DP World spokesperson told Sky News: “Following constructive and positive discussions with the government, we have been given the clarity we need. We look forward to participating in Monday’s International Investment Summit.”

The investment summit was announced in August, although it’s timing has been questioned due to it taking place before the budget on 30 October.

Follow Sky News on WhatsApp
Follow Sky News on WhatsApp

Keep up with all the latest news from the UK and around the world by following Sky News

Tap here

Read more:
The verdict on Starmer’s first 100 days
Budget will be Labour’s biggest test yet
Who is PM’s new chief of staff?

While in opposition, Labour pledged to hold the event within the first 100 days of government – forcing their hand on the sequence of events after that deadline fell on Saturday.

When the summit was confirmed, the government claimed “up to 300 industry leaders” would be involved to “catalyse investment in the UK”.

👉 Click here to follow Electoral Dysfunction wherever you get your podcasts 👈

Reports over the summer suggested that Musk was not invited due to his controversial social media posts.

During the riots in the UK in the wake of the Southport stabbings, Musk regularly criticised Sir Keir Starmer on the billionaire’s social media platform X.

Continue Reading

Politics

Bhutan should embrace decentralized identity systems

Published

on

By

Bhutan should embrace decentralized identity systems

Bhutan should embrace decentralized identity systems

Bhutan’s unique naming culture and values of sovereignty make it a strong candidate for adopting blockchain-based identity systems.

Continue Reading

Politics

Crypto Week Day 4: US lawmakers remain divided on key bills

Published

on

By

Crypto Week Day 4: US lawmakers remain divided on key bills

Crypto Week Day 4: US lawmakers remain divided on key bills

Republicans and Democrats tussled over the Trump family’s crypto ties, consumer protections, and backing stablecoins with fiat assets.

Continue Reading

Politics

‘We’re a team’: Jess Phillips defends PM’s decision to suspend Labour rebels

Published

on

By

'We're a team': Jess Phillips defends PM's decision to suspend Labour rebels

A minister has defended Sir Keir Starmer’s decision to discipline rebellious MPs, saying they would have used “stronger” language against those who are “continually causing trouble”.

Home Office minister Jess Phillips told Sky News’ Matt Barbet that Labour MPs were elected “as a team under a banner and under a manifesto” and could “expect” to face disciplinary action if they did not vote with the government.

It comes after the prime minister drew criticism for suspending four Labour MPs who voted against the government on its flagship welfare bill earlier this month, while stripping a further three of their roles as trade envoys.

Politics latest: PM to welcome German chancellor

Brian Leishman, Chris Hinchliff, Neil Duncan-Jordan and Rachael Maskell.
Pic: Uk Parliament
Image:
Brian Leishman, Chris Hinchliff, Neil Duncan-Jordan and Rachael Maskell.
Pic: Uk Parliament

Brian Leishman, Chris Hinchliff, Neil Duncan-Jordan and Rachael Maskell all lost the whip, meaning they are no longer part of Labour’s parliamentary party and will sit as independent MPs.

Labour backbenchers lined up to criticise the move last night, arguing it was a “terrible look” that made “a Reform government much more likely”.

But speaking to Sky News, Ms Phillips said: “We were elected as a team under a banner and under a manifesto, and we have to seek to work together, and if you are acting in a manner that is to undermine the ability of the government to deliver those things, I don’t know what you expect.

“Now I speak out against things I do not like, both internally and sometimes externally, all the time.

“There is a manner of doing that, that is the right way to go about it. And sometimes you feel forced to rebel and vote against.”

Referring to a description of the rebels by an unnamed source in The Times, she said: “I didn’t call it persistent knob-headery, but that’s the way that it’s been termed by some.”

She said she would have described it as “something much more sweary” because “we are a team, and we have to act as a team in order to achieve something”.

More than 100 MPs had initially rebelled against the plan to cut personal independent payments (PIP). Ultimately, 47 voted against the bill’s third reading, after it was watered down significantly in the face of defeat.

Three other MPs – who also voted against the government – have had their trade envoy roles removed. They are Rosena Allin Khan, Bell Ribeiro-Addy and Mohammed Yasin.

However, it is understood this was not the only reason behind the decision to reprimand all seven MPs, with sources citing “repeated breaches of party discipline”.

Ms Maskell was one of the lead rebels in the welfare revolt, and has more recently called for a wealth tax to fund the U-turn.

Mr Hinchliff, the MP for North East Hertfordshire, proposed a series of amendments to the flagship planning and infrastructure bill criticising the government’s approach.

Read more:
Why suspended Labour MPs clearly hit a nerve with Starmer
Who are the suspended Labour MPs?

Mr Duncan-Jordan, the MP for Poole, led a rebellion against the cut to the winter fuel payments while Alloa and Grangemouth MP Mr Leishman has been critical of the government’s position on Gaza as well as the closing of an oil refinery in his constituency.

Ian Byrne, the Labour MP for Liverpool West Derby, wrote on X on Wednesday that the prime minister’s actions “don’t show strength” and were “damaging Labour’s support and risk rolling out the red carpet for Reform”.

Leeds East MP Richard Burgon added that “challenging policies that harm our communities” would “make a Reform government much more likely”.

Ian Lavery, Labour MP for Blyth and Ashington, warned the suspensions were “a terrible look”.

“Dissatisfaction with the direction the leadership is taking us isn’t confined to the fringes,” he wrote.

Continue Reading

Trending