16th April 2021 8:38 am
Rishi Sunak’s Spring Budget saw the announcement of eight so-called Freeports in England that could potentially supercharge the manufacturing sector and spearhead the spread wealth and opportunities beyond the areas they are situated.
The Engineer spoke to Steve Treagust, VP, Industries Programmes at IFS, and Peter Taylor, managing partner at Paris Smith LLP and chair of Southampton Chamber of Commerce, about the potential for Freeports to boost the UK’s post-Brexit economy.
In what ways can the new Freeports demonstrate robust local development with maximum regional and national impact?
PT: The Government’s objectives of the new Freeports across the country are threefold: