Victoria Hewson comments on the creation of up to ten Freeports after Brexit
“Done right, Freeports can be transformative. This announcement sends a strong message that the UK is serious about embracing the freedoms that come with leaving the EU customs union and single market.
“We should ensure that this programme frees businesses from the burdens of bureaucracy and high taxation in a truly creative way; and encourages real investment rather than diversion of business from other parts of the country.”
Notes to editors:
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Further IEA reading on policy reform after Brexit:
- Under Control: What HMRC can do to prepare and optimise customs processes for all outcomes
- Fertile Ground: Opportunities and challenges for UK agriculture
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