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P&O Ferries
P&O launches next restructuring phase after crew sackings
...P&O and DFDS declined to comment....
February 11, 2023
Bitcoin
Bitcoin’s halving makes its future pay-to-play
...S&P’s O’Neill expects miners will look at energy efficiency, especially the economics of renewable energy projects. But that might not be enough....
April 16, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
P&O Ferries
Regulator probes concerns over P&O Ferries pension payments
...P&O declined to comment on its pensions liabilities....
March 18, 2022
P&O Ferries
P&O in dispute with pension fund over value of ships guaranteeing debt
...P&O declined to comment on the pension scheme’s debt....
March 25, 2022
Investing in funds
Isas: the nation’s tax-free favourite turns 25
...However, Philip Hammond reduced the allowance to £2,000 from April 2018....
March 22, 2024
News in-depthTravel & leisure industry
Travel sector braces for difficult winter as summer boom fades
...London-listed tour operator On The Beach Group reported winter bookings 26 per cent ahead of 2022-23 in a reassuring investor update this year, while passenger bookings at P&O Ferries going into the winter...
September 29, 2023
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Cryptofinance
Miners double down on bitcoin halving
...Neill, managing director of S&P Global’s Digital Assets Research Lab....
April 19, 2024
FirstFT
FirstFT: Ford suspends construction of EV battery plant in Michigan
...Exchanges: The US is crushing Europe’s domestic exchanges, argues Philip Augar....
September 26, 2023
DP World Ltd
P&O Ferries parent DP World reports record profits
...Sulayem said the decision had been taken by the P&O board without input from its Dubai parent, and the move could not be reversed. “The decision [the P&O board] made was their decision . . ....
August 18, 2022
P&O Ferries
P&O Ferries escapes criminal prosecution over mass sackings
...DP World did not publish figures showing the financial performance of P&O. Accounts filed in the UK showed P&O Ferries lost a combined £200mn in 2020 and 2021. Additional reporting by Philip Georgiadis...
August 19, 2022
P&O Ferries
P&O ferry was adrift in Irish Sea after mechanical failure
...The TUC said P&O “must not be allowed to get away” with its treatment of staff....
April 26, 2022
P&O Ferries
How cross-Channel routes became a huge challenge for P&O
...“This is about giving P&O a long-term future or closing it,” he said....
May 2, 2022
Airlines
Strong dollar hits airlines as costs surge
...So while the revenue side of the house is doing extremely well . . . the cost has also been significant, so that has put pressure on us from a P&L perspective,” he said....
September 30, 2022
Transport
P&O rival backs UK plans to force ferries to pay minimum wage
...P&O has said it would be happy to pay the minimum wage, if its rivals did the same....
May 11, 2022
Live news from April 1: Russia accuses Ukraine of attacking fuel depot, US economy adds 431,000 jobs
UK launches criminal investigation into P&O’s sacking of sailors
...P&O’s chief executive Peter Hebblethwaite has admitted the company broke the law by failing to properly consult with unions....
April 1, 2022
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
P&O Ferries
P&O Ferries faces criminal investigation into sacking of 800 sailors
...P&O declined to comment....
April 1, 2022
P&O Ferries
P&O ferry under inspection as Dover to Calais services resume
...But ministers have been unable to force P&O to reinstate its former workers....
April 27, 2022
UK labour disputes
P&O hopes to resume cross-Channel sailings next week
...At the time, P&O predicted disruption would last between five and 10 days....
April 6, 2022
P&O Ferries
P&O rejects call from Grant Shapps to rehire UK crew
...“This is about giving P&O a long-term future or closing it,” he added....
March 29, 2022
P&O Ferries
Pressure grows on P&O after ship held for being ‘unfit to sail’
...They reveal that Shapps was warned that low-cost competition from Irish Ferries “poses challenges” to P&O....
March 25, 2022
UK politics
Shapps fails to win industry support for plan to hit P&O Ferries
...P&O did not respond to a request for comment....
March 30, 2022
UK labour disputes
UK train drivers set to strike in October as industrial action spreads
...It said that six months on from P&O’s mass sacking of its UK sailors, the ferry operator had been “allowed to get away scot-free” despite the government vowing at the time to hold the company to account....
September 16, 2022
UK economy
Sunak sparks union anger over treatment of P&O’s owner
...P&O said: “Safety is the utmost priority for P&O Ferries and our crewing management partners....
March 20, 2022
P&O Ferries
Boris Johnson says ‘it looks’ like P&O broke the law over mass sacking of UK crew
...Hebblethwaite added that P&O had no choice but to fire the staff and “needed fundamental change to make us viable”. “All other routes led to the closure of P&O Ferries....
March 23, 2022
P&O Ferries
P&O Ferries offered payouts of up to £170,000 to sacked crew members
...This would have meant the loss of 3,000 jobs and the end of P&O Ferries,” P&O said on Tuesday....
March 22, 2022

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