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 Freeports
Topic Originator: LochgellyAlbert  
Date:   Tue 26 Mar 08:00

Reading some of the advantages that this scheme brings in and it is a bit frightening.

Is it all scaremongering or are the areas, including the Forth basin really going to be a law unto themselves?
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 Re: Freeports
Topic Originator: jake89  
Date:   Tue 26 Mar 08:19

It`s horrific and whilst it`s a UK gov decision, it feels odd the Scottish Government seems content with it.
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 Re: Freeports
Topic Originator: Buspasspar  
Date:   Tue 26 Mar 08:28

https://www.gov.uk/guidance/freeports

We are forever shaped by the Children we once were
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 Re: Freeports
Topic Originator: Parboiled  
Date:   Tue 26 Mar 09:41

What’s horrific about it?

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 Re: Freeports
Topic Originator: jake89  
Date:   Tue 26 Mar 10:20

Quote:

Parboiled, Tue 26 Mar 09:41

What’s horrific about it?


For a start, the area they cover will largely be run/led by a private company rather than the local authority. They receive full or near full rates relief meaning no financial benefit to the area. Ultimately, they`re a tax dodge.
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 Re: Freeports
Topic Originator: Parboiled  
Date:   Tue 26 Mar 10:58

I need to read more about this, but following on from Babcock’s plans for 1000 new apprenticeships this would surely be another employment boost?

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 Re: Freeports
Topic Originator: OzPar  
Date:   Tue 26 Mar 11:01

I am a little bit confused about what this is all about. Freeports, or free trade zones (FTZs), are hardly new. Governments have leveraged the concept of freeports and FTZs to attract trade, promote trade, and stimulate economic growth for decades.

And yes, they largely help companies reduce their tax burden, and as Jake correctly points out, local authorities gain little in the way of rates revenue.

I can remember a freeport on the Clyde in the 1980s, and down south, there were freeports in Teesside, Humberside, and Southampton at that time.

When the port of London virtually disappeared with the arrival of containerisation, most of its shipping traffic moved to Felixstowe. To compensate for this loss, London Docklands was declared a freeport. But, given that most of it is housing and commercial offices today, I don`t know how successful that venture was.

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 Re: Freeports
Topic Originator: wee eck  
Date:   Tue 26 Mar 11:26

Hasn`t the criticism of freeports always been that, rather than create trade, business and jobs, they simply divert them from other areas which don`t enjoy the same advantages?

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 Re: Freeports
Topic Originator: Tenruh  
Date:   Tue 26 Mar 11:28

The area`s come under British government control , don`t think the freeports have same planning controls
Why do you think it includes the Falkirk area also...FRACKING...FRACKING ...FRACKING
Why do you think oil refining in Grangemouth is coming to an end ?

As they say, follow the money
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 Re: Freeports
Topic Originator: LochgellyAlbert  
Date:   Tue 26 Mar 12:55

The Tories don`t support anything unless their grubby hands are well oiled!🤔🤬
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 Re: Freeports
Topic Originator: Parboiled  
Date:   Tue 26 Mar 13:18

If fracking was permitted Grangemouth would have boomed…in a good way.

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