HEY LEP Welcomes Freeport Tax Sites Announcement
November 2, 2021
HEY LEP has welcomed the announcement in Wednesday’s Budget that the Humber Freeport is set to be home to one of the UK’s first three tax sites.
Chancellor Rishi Sunak made the announcement as part of the Autumn Budget and Spending Review statement, with the Humber chosen alongside Teesside and Thames.
The tax sites, highlighted for land east of Port of Hull, Goole and Able Marine Energy Park at North Killingholme, are part of the Government’s Freeports initiative, which has the potential