Business secretary 'had to have conversation' with DP World over £1bn investment

Business Secretary Jonathan Reynolds tells Sky's Trevor Phillips a £1bn investment by DP World will go ahead, but he had to "have a conversation" with the company after a row over comments made by Transport Secretary Louise Haigh.
Mr Reynolds also refused to comment on why tech billionaire Elon Musk was not invited to the UK investment summit, saying that "not everyone can come", but he will talk to "anyone who wants to invest".
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[@biggobmalc8118]

Appointing someone as business secretary who has had very little or no business experience let alone run a business, and then pretends to be an expert in the subject, yeah that makes a lot of sense Mr Starmer.

[@californiadreamin8423]

…..and the Tories had a marvellous track record in business and talking the hind leg off a donkey.

[@Partyanimal1066]

Just like this man.What a complete and utter windbag.Hes on a loop and I’m sure the Interviewer could be interviewing another person at the same time and he will still be countering on.

[@stevec6427]

A head of department doesn't need specific knowledge, they just need to know how to manage people who do have the knowledge. My manager heads up a technical department with very little specific knowledge other than what he's picked up on the job and he does an excellent job of assigning tasks and ensuring they are done on time. Thats what a head of department does

[@sammyjohn9353]

What a joke this government is !! .. Absolute calamity

[@morizwan123]

'cause the Tories were way better......

[@superflyguy4488]

A business secretary who has never run a private business.

[@californiadreamin8423]

Like P&O perhaps !!

Has he ever had a proper job since he left school. ?

[@californiadreamin8423]

What’s a “proper job” ???

[@stevec6427]

Does the boss of P&O know how to captain a ferry?

[@californiadreamin8423]

@@stevec6427 No probably not, but sure as hell knows how to sack them.

[@stubronstein9932]

This government is going from disaster to disaster. The budget will be yet another one and discourage business investment with tax increases.

[@Cosmoscosmos1]

I’m sorry but I just don’t have any confidence in the people in this government. They sound like they’re all trying to convince themselves that they know what they’re doing,let alone trying to convince us. Students in professional dress!

[@jeffhgv]

Reynolds invites people that have wronged this country, yet doesn’t invite Musk the richest man in the world , shows his lack of experience.

[@stevec6427]

Musk is too political to get involved in these events. He's already picked his political allies and won't work with their opposition so whats the point of inviting him? Also, Musk isn't the richest man in the world, Bernard Arnault is with $223bn compared to Musk's $195bn. Jeff Bezos is looking likely to overtake Musk in the next few months as he's currently less than a billion behind Musk

[@andycollins7215]

This is not the way to run any country but the Labour Party are too stupid to understand that, let hope they don’t last long enough to do real damage.

[@bishimixes9871]

So a return to The Nazty party then ? Cos that worked out well didn’t it ?

[@andycollins7215]

@@bishimixes9871 and hopefully it won’t turn so well this time.

[@mertonsardeen2242]

There's over 400 of them running our country so no more excuses for failure.

[@stevec6427]

Whats the point of attracting investment if it doesn't benefit the people of this country? If P&O are upset about regulation which protects workers from fire & re-hire then do we really want them? We already have far more job vacancies than people to fill them so why not strategically target good employers rather than ones who have a history of treating British workers badly?

[@andrewjarvis1713]

So we are getting ripped off by the energy companies

[@habibali3106]

OH.... MAN. THEY R ONLY MAKING MILLIONS

[@stevec6427]

Very much so, yes. Not helped by the protections the tories put in place for them

[@stevenotts0113]

He hasn't got a bloody clue

[@ukwatotskuhide270]

Good stuff holding him to account on Musk! Of course authoritarian regimes and "rogue operators" are invited but if someone dare call out authoritarianism on X then god forbid 🤣🤣

[@mum5276]

No he’s not invited! Thank goodness!

[@twisteddancer7773]

Twitter was a echo chamber of the left wing. Any other voices and opinions were shut down. Musk took over the platform and made it equal for everyone to have their views. So what's wrong with that

[@ukwatotskuhide270]

@@mum5276 Yeah he's so evil 😠All those environmentally friendly cars we desperately push and all his revolutionising space travel... couldn't we get Kim Jong Un instead or something?

[@dcoughla681]

@@ukwatotskuhide270 His environmentally friendly robotaxis & robovans will cost around 15p a mile to run. Here in the UK we love expensive fuel prices.

[@mynameisnobody5295]

​@@dcoughla681 Petrol cars are 15-27p per mile to run. Electric cars are 6.79p to 8.05p. Here in the UK we love cheaper electric fuel prices.

[@matthewharding-ew1ts]

Yawn...........Labour full of bull!

[@jordanhughes227]

A walking talking disaster, utterly embarrassing

[@davidsmith8728]

So they want the people with lots of money to come and invest in the UK - and they want those with the broadest shoulders to pay the taxes. Aren't they one and the same people. They come to the UK, invest loads of momey, and then Labour tax the crap out of them. Doesn't sound s very good proposition to me.

[@dcoughla681]

Agreed. That’s why he had a conversation with DP World (got a bol***king) & went on bended knee for them to attend.

[@YouTubemessedupmyhandle]

They will still make money so will still look to invest.

[@stevec6427]

If they can still make money despite the tax, they will still invest. The UK has relatively low taxes and even after the rises Labour are proposing it will still be low by international standards

[@dcoughla681]

He couldn’t even name any big hitters attending this summit. He couldn’t sell a drink to an alcoholic.

[@AllanHinde-mb2pr]

How much of a tax break have they been given?

[@BlueSabor]

100%

[@davidmcmanus2464]

We don't like peop!e who say hurty words about us even if they are the richest man in the work and could potentially invest in our economy

[@user-kb1rl5qy1k]

Labour believe that a Homosexual Man is a Trans Women and anyone disagreeing is cruel and evil.

[@stevec6427]

Richest man in the world? What has Bernard Arnault had to say?

[@codswallop164]

In regards to ports the government helps facilitate human trafficking into our ports by ordering the RNLI to meet the traffickers product in the English channel with a response quicker than most taxi services.

[@stuartallison1913]

They say uk when they mean London

[@dcoughla681]

Real Londoners hate this Government too.

[@benethoukes8519]

Reverse Brexit? How about finish getting us out of the EU instead of holding us in.

[@bishimixes9871]

Because brexit was always gonna be a success was it ? Brextard

[@saiyedakhtar3931]

I just love to see him squirm when asked about Elon Musk. The interviewer got the minister really good. 😂

[@stevec6427]

Musk is a strange bloke. His main business is building electric cars but politically he opposes the side most likely to embrace his products while sucking up to the side that only wants big V8's and fossil fuels. Similarly, NASA is the biggest customer of SpaceX by far yet the side he's chosen wants to slash NASA's budget while his political opponents support space exploration.

[@lesliecarter4295]

What a weasel in charge of business..?

[@BlueSabor]

100% correct.

[@tonysales3687]

Invite musk. He wants to invest in britain. Labour not serving those who voted them in. Ok we will remember that.

[@an-albumhole4400]

People didn't remember Blair and at the next general election the same docile fools will have forgotten all the hypocritical freebies, the rich cronies, the incompetents, pensioner freezing and will vote for them again!

[@stevec6427]

He wants to build factories here but only if he can get exemptions for tax, health and safety and employment law. Is that the investment we want?

[@tonysales3687]

@@stevec6427 Tesla and space x have one of the best health and safety records. Yes encourage with tax incentives. And yes review employment law. It is outdated. Yes it is what Britain needs.

[@richardhopkins-b9h]

Business Secretary who couldn't run a bath.

[@dcoughla681]

In addition, Jonathan Reynolds has recently sacked all the members of the Board of Trade so there is no one to talk up the UK as a place for doing business & investment at the International Investment Summit in London tomorrow because he hasn’t appointed a new Board yet. Utterly shambolic.

[@lisakeell7343]

Poor us with this twerp in charge, he looks excited boring as heck! The world must be laughing at us, all the Freebigates! Answer the question man, who can trust this lot!

[@twisteddancer7773]

101 days in Labour have created another 25 billion black hole. 101 days feels like 101 months

[@tracydavies-tk3lm]

Good interview Trevor!

[@dcoughla681]

Agreed. Note that Trevor was trying to stifle a laugh at times esp at 2:42m.

[@Boards-dont-hit-back]

Lies, lies, lies and more lies!

[@ShellyCassie]

I do so hope Trump wins😃

[@mertonsardeen2242]

What scrutiny, he dodged every question. DP world are vile.

[@satisfiedatheist8762]

How is it right that we have a business secretary who has worked entirely in public sector except for one year as a trainee solicitor? No wonder he is a clown

[@Partyanimal1066]

The Labour Party dish out the roles of people with no experience under the ‘see one,do one then teach one’ policy.

[@jono3447]

This proves the environmental policy is a sham, wont invite one of the leading business owners in green energy but will invite the largest oil producer 😂😂😂

[@stevec6427]

Whats the point of attracting investment if it doesn't benefit the people of this country? If P&O are upset about regulation which protects workers from fire & re-hire then do we really want them? We already have far more job vacancies than people to fill them so why not strategically target good employers rather than ones who have a history of treating British workers badly?

[@seeseeteevee]

Given the level of incompetence of the Labour prime minister and cabinet members as well pandering to unions so far & wokery, has instilled a lack of confidence and fear in investing groups to date. We all have a feeling of dread that Rachel Thieve’s budget, on 30 Oct., will crash the British economy. It is going to make Liz Truss look like a genius!

[@Bungle-UK]

Angela Rayner loves DP

[@Redboy58]

Arrr uk’s investability he meant London !!! Obviously!!! But where on earth did they find this chap?? 🤣👏🏼👏🏼👏🏼well done labour, absolutely shocking behaviour in opposition when planning ownership of the benches of government

[@drstrangelove4998]

This man isn’t particularly impressive Trevor, notice he used Blairs quip, ‘eyecatching initiatives.’ It didn’t bode well.

[@lisakeell7343]

Yawn, Yawn, Yawn

[@philtsang2818]

What's the point of having an education if it is not used😮

[@zingo2664]

amateurs at work ( putting off HUGE MEGA companies from investing ) sack em

[@dcoughla681]

Is the ink dry on the DP World contract Mr Reynolds? That’s a very different thing from “it’s going ahead”.

[@hindelarbi3710]

Of course everyone is interested in investing in UK their money is back in the biggest currency in the world what a question? More than that all of their nationalities in this country so what ????

[@jivasrocks]

Spent 18 minutes listening to nothing. This business summit will decide labour future ..

[@nigeldix4841]

Blah blah blah, word salad,

[@Partyanimal1066]

This reminds me of the brilliant ventriloquist who recently won Americas Got Talent whose puppet said ‘has he gone ?’ Whilst the ventriloquist droned on about stuff that the puppet wasn’t interested in.and the puppet just did his own thing anyway . Somebody has wound this prat up and off he goes.

[@dcoughla681]

Will David Lammy attend the International Investment Summit tomorrow or is he still in China?

[@RichardMelling-l8t]

Spouting off with no track record

[@jjcglobalapplestv7529]

Name one of the 390 business

[@jjcglobalapplestv7529]

Oh my goodness words words they have no idea

[@CarlRoberts-h2v]

America cannot pay its debt he is skipping over that with democracy old talk 😂😂😂

[@wyldwiisel9126]

P&o investing money that should have been paid in wages?

[@nigeldix4841]

Government driving out investment jobs and prosperity,

[@Justin-iz8ku]

Embarrassing.

[@MikeHughes-p8n]

Jonathon Reynolds is absolutely useless-he talks but says nothing, vintage Labour.

[@thomashobbs1498]

Fair play they’re securing investment. Ultimately it will boost the economy but lots more needs to follow. Let’s hope it can keep coming in

[@stuartallison1913]

And ur looking to undermine Scotland and democracy

[@shahzad_afzal]

Also trade sanctions

[@johnsmart2616]

Richard the third of a man

[@TheWebstaff]

"I am so excite." Translation. I like my pants around my ankles. How about. Reverse brexit and lets work with our friends in the EU.

[@dcoughla681]

Nope. Our friends in the EU, like Germany, are in recession with soaring unemployment.

[@davidwatson9755]

One of the most shameful interviews EVER on UK TV. I felt for the interviewer, even though he did a good job in trying to get answers. He was fighting a losing battle though against this Reynolds twerp, who must surely be one of the most evasive, clueless, downright thick MPs I've ever seen (and that's saying something). The sooner someone does a "Jo Cox" on him the better. This country does not need numbties like him running this country in any way, shape or form.

[@garymiddleton8077]

They will not want elon becouse he will not give them no money

[@kevinbaxter7390]

CARBON NET CATCHING 🤹🏽‍♂️ Another interviewer asking seriously hard Q,s Is your name Johnathan