News / MPs call for assessment of economic impact and prospects of UK freeports

The proposed Freeport East

There are concerns over the potential success of the UK government’s freeport policy, after the International Trade Committee called for impact assessments of growth prospects.

Committee chair Angus Brendan announced yesterday that, while the government’s efforts to bolster trade and investment through a series of freeports had been welcomed, there remained serious concerns over their effectiveness.

“Now that government has announced where freeports will be located in England, we are calling on HM Treasury to publish an impact assessment for the policy,” ...