P&O Ferries` Dubai owner is battling for £250million rescue deal - including £150m taxpayer bailout ...
(WorldNews Health)

P&0 Ferries is on the brink of collapse after 180 years because of the coronavirus crisis with its Dubai owners demanding £150million from the British Government to save the firm and its 4,000 staff, it was revealed today. The ferry business makes most of its money from its cross-channel services, which have seen a collapse in passenger numbers since the unprecedented lockdown in Britain and Europe. Many ships on its busiest route between Dover and Calais have been deserted over the past month. The business` Dubai-based owners, DP World, are trying to agree a £250million bailout package including cuts to pay and pensions for thousands of staff totalling £100million. But they also want a...