dp world reveals £1 billion plan to expand the london gateway container port. dawn stugess was poisioned by a nerve agent in salisbury six years ago. today the public inquiry into her death begins. four israeli solders are killed and many more people wounded, in a hezbollah drone wounded, in a hezbollah drone attack on an army base attack on an army base in northern israel. in northern israel. in the next few minutes so keir to in the next few minutes so keir starmer will promise to get rid starmer will promise to get rid of red tape that holds back of red tape that holds back investment investment at a investment investment at a major business conference in major business conference in london. the prime minister will london. the prime minister will promise to scrap regulation promise to scrap regulation that in his words needlessly that in his words needlessly hold back investment. the owner hold back investment. the owner of piano terriers, dp world, of piano terriers, dp world,

has revealed a £1 billion plan has revealed a £1 billion plan to expand that london gateway container part of the government investment summit. the science and technology secretaries have the summit and he says it is a huge

onus that tv ,, ,, ,, ,, , he says it is a huge onus that tg....about, ,, ,, , he says it is a huge onus that tv about that , , over that deal about that london gateway part, or because of one minister post my comments.— of one minister post my comments. , _, , comments. those were comments made by the — comments. those were comments made by the transport _ comments. those were comments made by the transport secretary l made by the transport secretary louise haigh, who accused p and 0 ferries, which is owned by dp world, of being a rogue operator and said that she was encouraging people to boycott the company. downing street has distanced itself from those comments, said those comments were not the view of the government and it appears that dp world and i will present at this investment summit and the investment into the london gateway that ministers had hoped to announce seems at this point to the still very much on. i think the wider strategy that we are seeing here from the government, the kind of politics of today and the performance of it to some extent is to really say, hey, world, the uk is ready for

investment. they want this international investment from these massive companies because they think that is their way to get to growth. there are bosses of companies like gsk, bp, nissan, goldman sachs, companies that people may have heard of, major international investors present. and there are plans by the government to announce billions of pounds worth of investments that have already been agreed. we are expecting to hear from already been agreed. we are expecting to hearfrom keir starmer shortly, expect him to focus very much on the idea of a stable government, a stable place for their businesses to invest in the uk. he will be talking about private sector investment and its role in growing their uk economy. seeing that something as virtuous circle, the idea being

that if you have a stable economy, you can attract investment and by having that investment and by having that investment you have a more stable economy. he is expected to say that not enough has been donein to say that not enough has been done in recent years to kind of keep the uk up—to—date with a changing world, sectors like ai, like life sciences, he will pledge to upgrade regulation around those kind of sectors to make britain fit, to harness the opportunities that he will promise to do everything in his power, he says, to get rid of any regulation that gets in the way of growth. that is of course controversial, with some people, particularly the unions, who often will look to back the labour party, concern about what exactly it means to be getting rid of those regulations, but the government insists it is about? regulation

of new sectors, encouraging growth rather than necessarily slashing red tape in the way some people see as harmful. we are waiting for keir starmer to take to the stage. he is being introduced right now. let's keep talking until we see him. we are hearing this about needlessly holding back investment. the regulation that keir starmer promises to scrap. we also know that their budget is a couple of weeks away. its implications for business are as yet unknown, aren't they? there is some kind of questions about the timing. there is clearly a big display going on but the budget is a couple of weeks away and many businesses attending this will want to know what is happening, what is a state of the public finances, what is a state of their taxes that they are likely to face. there's been a lot of speculation around different types of taxes that might go up. the prime minister has

talked about difficult decisions, tough decisions. those who have their broadest shoulders should bear the heaviest burden, that kind of language that we have seen. that is quite different from the kind of messaging he is wanting to show off today. i think without the answers to those questions around the budget, that does perhaps make things a bit more difficult for the government. but they insist at this point they are looking about yours, not months. they say they do not want to be set by the news agenda and the new cycle. they want to be hosting this event and looking two, three, four, five, ten years ahead rather than necessarily a budget in two's time will do. there is a planned overhaul of workers' rights and the government revealed, a challenge for any labour government, trying to strike

this balance between being pro—work and pro—business. the pro-work and pro-business. the government _ pro—work and pro—business. tue: government insists pro—work and pro—business. tt;e: government insists it pro—work and pro—business. tt9 government insists it wants to be progrowth, pro—business and pro—worker. keir starmer has spent a lot of time as prime minister about his missions. a lot less time necessarily talking about who might be the losers in some of those things when he makes his comments. there are clear tensions there. while the government will talk at the idea essentially to put it bluntly that happy workers means happy business mean to have better economy, there are obviously tensions in the legislation of the government is looking to bring forward, whether that is around the amount of time that someone has to be working for a company before they get certain benefits are before they can be dismissed. those kinds of issues are clearly there is much as her government kind of want to suggest they are not, that it want to suggest they are not, thatitis want to suggest they are not, that it is possible to be on

everybody�*s site, ultimately it is eventually going to have to take sides on those kinds of issues. ~ :, , ., issues. we are still waiting for keir starmer _ issues. we are still waiting for keir starmer to - issues. we are still waiting for keir starmer to come i issues. we are still waiting| for keir starmer to come to issues. we are still waiting - for keir starmer to come to the stage. if anyone is wondering what we are covering, it is the investment summit, the uk investment summit, the uk investment summit that many business leaders are attending. some very big names amongst those in london's guildhall, some of the world two biggest companies and many of them potentially promising investment. we have heard that the £1 billion investment in the £1 billion investment in the london gateway container powered by p and 0 ferries own it dp world, which had appeared to be possibly in doubt after comments from the transport secretary, is now on track. that will be happening. louise haigh described the ferry company is a rogue operator in a president greek government press release but the government distanced themselves from those comments and earlier

today dp world confirmed that £1 billion investment in london gateway would go ahead and would create 400 newjobs and make it the largest container port in the uk within five years. the conference that we are expecting keir starmer to speak out very shortly taking place at london's guildhall, featuring keynote speeches from the prime minister and the chancellor rachel reeves, who we cottage himself sitting in the audience and keir starmer is going to say that he will do everything in his power to galvanise growth, including getting rid of regulation that needlessly holds back investment. hannah miller, our political correspondent still listening. take a through the big names that we have at this conference, some of these largest corporations in the world attending.— largest corporations in the world attending. there is going to be the bosses _ world attending. there is going to be the bosses of— world attending. there is going to be the bosses of gsk, - world attending. there is going to be the bosses of gsk, bp, i to be the bosses of gsk, bp, companies like nissan, goldman

sachs, jp morgan and the prime minister will also do an in conversation event with the former ceo and chairman of google, eric schmidt. some really big names attending here. one person who has not been invited is elon musk. there's been some commentary around that, a huge, wealthy investor as he is. the government says that it's because he is not currently looking to invest in the uk and if he was opening up anything where there was international competition for it, the uk would very much want to be talking to him. some really big names due to be attending today and the government, the politics of this, wanting to be seen to be talking to these people. in some ways it might

be seen as quite unusual for a labour government to be the ones really showing off their pro—business credentials, but that was very much something that was very much something that we saw throughout the general election campaign, very much part of the petro government and it is a really central part of what they see as their plans for growth in the economy. without that growth i can't invest in public services, schools, hospitals, things they want to do. so it might seem to some people watching the wealthy business leaders, why is this relevant to people's day—to—day lives in the uk? to people's day—to—day lives