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The first activity of a Freeport anywhere in the UK, was marked with the delivery of around 100 tonnes of steel cargo at Teeside Freeport in north-eas. ....
George Kieffer, Chairman of the Freeport East Project Board, said: “We are delighted to have been chosen by the Chancellor as one of the first new Freeports in the UK for a number of years. Freeport East offers a unique opportunity to build a truly global trade hub at the same time as accelerating opportunities in green energy and helping level-up the economy. We look forward to working with the Government to further develop our business plan and to realising the potential that this opportunity represents.” Freeports also allows the Government to determine how businesses apply for the tax cuts which could improve the condition of workers. ....
| UPDATED: 07:57, Sat, Jan 23, 2021 Link copied Sign up for FREE now and never miss the top politics stories again SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Holyrood had heavily criticised proposals to offer special tax breaks and develop streamlined customs procedures through more than half-a-dozen Singapore-style ports in England and has repeatedly stood firm against demands to adopt them in Scotland. Many ports throughout Scotland had thrown their support gaining freeport status, which would enable firms to import goods and then re-export them bypassing normal tax and customs rules, but during the SNP conference in November, delegates passed a motion condemning the plan. ....