Freeports will be the centrepiece of the Budget, presented as a concrete sign, especially to ‘left behind’ communities, both of the benefits of Brexit and the Government’s commitment to the ‘levelling up’ agenda. For those looking to create ‘Global Britain’, freeports send out a message: we’re open for business.
In this report, Deputy Director Professor Catherine Barnard, Cambridge University examines both the rationale for them and the existing evidence on them. The report concludes that freeports are unlikely to be a magic bullet.
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