Sunak hails 'incredibly exciting' post-Brexit Freeports as 'uniquely British'

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Rishi Sunak hails ‘incredibly exciting’ post-Brexit Freeports as we can finally be ‘uniquely British’ after leaving EU

eight sites that have been chosen to become the country's next generation of enterprise zonesFreeports are areas which allow companies importing and exporting from the UK to operate under simplified customs, tax, and planning rules.

"I'm incredibly excited about what this means. We said we'd level up opportunity across the country, Freeports are an example of us doing that."Freeports are used extensively across the world and the EU is actually one of the few places that doesn't use them extensively."The Chancellor visited Teesport todaysaid the US has over 200 such facilities which employ close to 500,000 people there.

 

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