The director general of the National Trust said that investment zones ‘represent a free-for-all for nature and heritage’.
"Imagine the shock for the former chancellor when he finds out Freeports are allowed in the European Union - about eighty of them are based in EU countries."
Rishi Sunak accused of wrongly claiming that VAT axe on solar panels only possible ‘thanks to Brexit’ 27/03/2022
A new EU directive is allowing member states to remove the charge for ‘supply and installation of solar panels’.
Lib Dems want public register to stop freeports becoming ‘hotbeds’ for illicit finance.
The Lib Dems have urged Boris Johnson’s government to close a loophole which peers fear would let illegal cash from Russia and other parts of the world into the UK.
Finally – a Visa-free aspect to Brexit. At least that’s what the deluded Dominic Raab is likely to tell you...
Chancellor’s flagship policy will ‘alter the location rather than the volume of economic activity’, Office for Budget Responsibility concludes
Gove declined to point out that the EU is currently home to around 80 freeports.
Not for the first time, the prime minister delivered a major speech that was economical with the truth.
Joyce Watson, Labour regional Senedd Member for Mid and West Wales, recently asked what Wales was doing to protect its ports at the Welsh Parliament.
Boris Johnson claimed at Prime Minister’s Questions that Brexit “has given us the freedom to establish eight freeports across the country”. / And the IfG makes clear: “the UK could create freeports as a member of the EU”.
UK officials admit some markets to be subject to duties under post-Brexit deal terms - FT 10/05/2021
Companies in freeports in Britain will not get to enjoy the full benefits of the new tax-efficient zones if they are exporting to certain countries including Canada, Norway, Switzerland and Singapore, the Financial Times reported on Sunday, citing government officials.
Manufacturers based in Boris Johnson’s new freeports will not be able to enjoy the full benefits if they are exporting to a series of countries with which the UK has signed post-Brexit trade deals.
A freeport expert said the concern is that they "suck business in to the freeport area which is not necessarily good for the rest of the local region".
PM says agreement ‘does not go as far as we would like’ over sector’s access to EU markets.
Rishi Sunak reportedly planning to open bidding for towns, cities and regions to become designated zones where UK taxes and tariffs will not apply.
Establishing the tax havens could make it harder to sign a trade deal with the EU.