P&O Ferries owner, DP World, will now attend the government’s investment summit on Monday, despite a row over a minister’s criticism of the firm.
It had been feared they might pull out from the summit – where they were expected to announce a £1bn investment – after Transport Secretary Louise Haigh criticised the ferry firm and urged consumers to boycott the company.
An expansion of the firm’s London Gateway port, in Essex, is likely to go ahead, although it is unclear if this will be announced at the summit.
Whitehall sources said on Saturday that there had been “warm engagement” between senior figures in the firm and the government since Sir Keir Starmer distanced himself from his minister’s remarks.