Britain’s first new free port opens today in multi-billion pound Brexit trade boost


BRITAIN’S first new free port throws open its doors today in a multi-billion pound Brexit trade boost.

Teesside is one of eight low-tax hubs set to turbocharge business with a £23billion shot in the arm.

The free port in Teesside will bring an influx of wealth to the area
Neil O’Brien, the Levelling Up minister, said free ports will create a network of Silicon Valleys nationwide

Ministers last night vowed to do everything to lure “top-end employers” from across the world.

Levelling Up minister Neil O’Brien said free ports will create a network of Silicon Valleys across the country.

He told HOAR: “The number one thing they can deliver is a huge number of really good jobs.

“We’ve brought together a huge range of tax breaks to really strongly incentivise firms to bring new jobs.

“The ability to have incredibly exciting access to international trade is a spur to getting top-end employers in. Outside the EU you have a lot more freedom.”

Teesside is set to see the creation of more than 18,000 jobs.

Mayor Ben Houchen declared: “We’re throwing our doors open to the world.

“The sky’s the limit.”

Felixstowe, the Humber, Liverpool, Plymouth, Solent, the Thames, and East Midlands Airport sites open next year.

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