humber-freeport

Chancellor confirms new freeport customs sites

As widely expected, Chancellor Rachel Reeves confirmed that that five new customs sites at existing freeports will be designated shortly, in her Budget speech on 30 October. The government will also work to ensure the Freeports policy model aligns with the national Industrial Strategy. She said that Freeports – along with Investment Zones – would create additional jobs and drive economic growth in areas that have economically underperformed in the past. The ... [+]

One year on, Humber Freeport wins £1bn investment

Humber Freeport says that over £1bn of new investment has been pledged 12 months on from its launch. Investments committed to tax sites in Hull and Goole are expected to create more than 700 skilled jobs, in sectors ranging from advanced manufacturing and technology to ports and green energy. Humber Freeport chair ... [+]