Freeports - Massive Boost To The Economy - IMPOSSIBLE Under Shackles of EU.

 Here we go! Britain to lead world with freeports Brexit masterplan - UK to be 'global hub'

FREEPORTS will make the UK more attractive to investors around the world, an expert has said, as Britain gears up for a post-Brexit boom.

Chancellor Rishi Sunak announced eight freeport sites will be created in England as he unveiled his Budget on Wednesday. The special economic zones ensure firms are exempt from expensive import duties and tariffs. Ben Harris-Quinney, a former foreign policy adviser to the UK and EU, said freeports will make the UK “a more attractive prospect” and stated the zones were “inspired” by Britain being freed from the shackles of the bloc.

He told Express.co.uk: “The UK is already a major global hub for transit and finance, so much of the infrastructure is in place.

“Freeports will make trading through Britain a more attractive prospect.

“We have had freeports before, including when Britain was in the EU, but it is likely the government's decision to vastly increase the number of freeports is inspired by Brexit, as Britain looks to become more competitive with bespoke trade deals.”

He added: “Freeports and enterprise zones offer a way for the government to promote growth in areas without major upfront investment.

By LUKE HAWKER, Express.