The UK government has opened a bidding process for the creation of up to 10 new freeports, promising they are a simple way to “turbo-charge” the economy, especially in deprived areas.
However, far from being a magic wand, the reality is somewhat more challenging.
The country has had freeports before, but those – established in the 1980s and 1990s in ports like Liverpool and Tilbury – eventually withered and died.
All they could …
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Source: The Loadstar
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