UK hopes to have freeports up and running next yearChristian Fernsby ▼ | February 10, 2020
Britain plans to announce the location of up to 10 post Brexit freeports by the end this year so they can begin operating in 2021, the government said yesterday.
Business in the UK Chief Secretary to the Treasury Rishi Sunak
Topics: Free port UK
Once the consultation is completed, sea, air and rail ports will be able to bid for freeport status.
"Freeports will unleash the potential in our proud historic ports, boosting and regenerating communities across the UK," Chief Secretary to the Treasury, Rishi Sunak, said in a statement.
"They will attract new businesses, spreading jobs, investment and opportunity to towns and cities up and down the country." ■