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    Home»Investing»‘Investment plan chaos’ and ‘ambulance service hack’
    Investing

    ‘Investment plan chaos’ and ‘ambulance service hack’

    October 12, 20246 Mins Read


    Times front page with headline: "Investment plan in chaos as minister insults firm"

    The Times reports that Prime Minister Sir Keir Starmer’s investment forum is “in chaos after derogatory comments” that a cabinet minister directed at a major shipping company. The paper says Transport Secretary Louise Haigh recently described P&O Ferries as a “rogue operator” over a fire-and-rehire scandal in 2022. The remarks caused the ferry firm’s owner, DP World, to shelve plans for a £1 billion infrastructure investment, the Times adds.

    Daily Telegraph front page with headline: "£1bn blow to Starmer push for growth"

    DP World boss Sultan Ahmed bin Sulayem will no longer attend the PM’s investment summit on Monday, according to the Daily Telegraph, which describes the snub as an “embarrassing blow” to the government’s “push for growth”. The paper also reports that Downing Street has “appeared to blame” Haigh personally for the Dubai-based company pulling out, after she also urged a boycott of P&O in a TV interview this week.

    The i Weekend front page with the headline: "UK ambulance services hacked by Russian gang linked to Kremlin"

    The i Weekend reports that Russian hackers have successfully targeted the UK’s ambulance services, which intelligence sources tell the paper are a “real threat to British emergency services”. The i reports the attack is part of a new Russian cyber warfare campaign targeting the UK in response to Ukraine’s use of western weapons.

    Daily Mail front page with headline: "Charles: I won't stop Australia ditching crown".

    King Charles III has said he will not stand in the way of Australia removing him as head of state, the lead story in the Daily Mail reports. The paper says the King has written to a republican campaign group, in response to a request to meet him on an upcoming visit, expressing his “deep love and affection” for the country.

    The Sun front page with the headline: "Squeaky bug time"

    The Manchester United dressing room was bugged before an away match against Aston Villa, the Sun reports, describing it as a “shocking security breach”. The paper says a “prankster claims he hoodwinked” staff at Villa Park to plant the device, which recorded manager Erik ten Hag’s team talks at the Premier League game.

    Daily Express front page with headline: "I image a mistake but I don't deserve a criminal record".

    The Daily Express is leading with an interview with a 13-year-old girl sentenced for violent disorder after being involved in an attack on a hotel housing asylum seekers in this summer’s riots. The girl told the paper she “made a mistake and did something stupid”, but that she fears for her future after being left with a criminal record.

    Daily Mirror front page with headline: "Elton: I don't know how much time I have left".

    The Daily Mirror carries an interview with Elton John, who has spoken about how tiring he found touring and how it has made him “think about death”. The 77-year-old music icon also told the paper: “I don’t know how much time I have left.”

    The FT Weekend front page with headline: "Wall St giants lifted by belief in US economy".

    The FT Weekend’s lead story is about Wall Street showing “growing confidence in the US economy” and reviving bond investments, which the paper says has “buoyed” global financial giants. The FT reports the prospect of falling interest rates has led to “unprecedented amounts of cash” being invested in some firms.

    Daily Star front page with headline: "I saw King fly a UFO"

    The Daily Star reports on a Canadian diver’s claims that he saw the King piloting a UFO in Nova Scotia in 1975. The paper reports that the “totally sane” comments are going to be featured in a new Netflix documentary about “Royal shenanigans”.

    Reuters FILE PHOTO: P&O Ferry ‘Spirit of Britain’ departs from the Port of DoverReuters

    Several papers report on a controversy between the government and a major shipping firm over critical comments from a minister.

    The Times says the row between Transport Secretary Louise Haigh and the UAE-based owner of P&O Ferries has humiliated Labour, days before the government’s much-vaunted investment forum.

    The Financial Times Weekend reports that although DP World has shelved the announcement of a £1 billion expansion at the summit, the project to expand a container port in London is still likely to go ahead.

    According to the Daily Telegraph, Downing Street appears to be blaming Haigh personally for the spat after she called for people to boycott the ferry firm.

    The Guardian reports that Prime Minister Sir Keir Starmer is to pledge billions of pounds for schools, hospitals and transport in the budget. A senior government source tells the paper that capital investment is at the heart of plans to ‘fix the foundations’. In an interview with the paper, Starmer says it’s “common sense” to invest and build and that he acknowledges the need for “a bit of the sunny uplands”, to give people hope for the future.

    As the King prepares for his tour of Australia, the Daily Mail reports that he’s made clear to republican campaigners that he won’t stand in the way if the country one day votes to replace him as head of state. In a letter to the Australian Republican Movement, penned by his assistant private secretary, the King is said to emphasise his ‘deep love’ for Australia and that his status as constitutional monarch is a “matter for the Australian people”. The Mail notes that the King’s sentiments are not a change in policy, but do show a ‘new maturity of debate’ around the issue.

    The i Weekend reports that a Russian hacking syndicate has stolen information about a secure communications system used by UK ambulance services. According to intelligence material seen by the paper, a Kremlin-protected gang targeted key suppliers to ambulance services and the Ministry of Defence. Intelligence sources tell the i that the incident has significantly increased the risk of an attack that could leave drivers unable to communicate in an emergency. There’s no official response to the story but the paper says the National Cyber Security Centre issued a press release on Friday warning government bodies to make sure they are safe from Russian hackers.

    The lead story for the Daily Express is an interview with a 13-year-old girl who was convicted of violent disorder, after she joined a riot outside a hotel used by asylum seekers. The paper explains that after being brought there by the parent of a friend she was filmed kicking a door. The Express says the teenager is “fearing for the future” after being left with a criminal record; the girl’s parents tell the paper they’re ‘massively angry’ and feel the sentence, a 12-month referral order, does not fit the crime.

    The Sun reports that Manchester United’s dressing room was bugged before the club’s match against Aston Villa last weekend. In what the paper describes as a shocking security breach, a prankster is said to have tricked staff at Villa Park into letting him sneak in and secrete a phone, whose microphone was activated remotely. The Sun says the manager Eric ten Hag can clearly be heard giving a team-talk, although it is choosing not to publish the details.

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