Bericht

Freeports: What are they, what do we know, and what will we know?

In January 2020, the UK government formally announced its intention to create a number of Freeports across the UK, with the aim of promoting job creation and regeneration, boosting trade, investment and innovation, and supporting the 'levelling up' agenda. The Freeports offer various tax and customs reliefs, simplified import and export procedures, enhanced trade promotion, and additional support for innovation, increasing their attractiveness to both domestic and international businesses. They also benefit from an injection of seed capital from central government and the full local retention of business rates revenue from qualifying new development, in order to enable investment in complementary infrastructure and skills. This report aims to provide an accessible overview of the Freeports programme, looking at existing evidence on the potential impacts of the policy, and what we may learn about its actual impacts from future evaluation.

ISBN
978-1-80103-129-5
Sprache
Englisch

Erschienen in
Series: IFS Report ; No. R251

Klassifikation
Wirtschaft
Thema
Business and investment
Employment and income
Government finances and spending
Taxes and benefits
Trade
Corporate taxes
Tax
Geography
Employment
Government spending
Innovation
Investment
National Insurance contributions
Productivity
Property taxes
Public finance

Ereignis
Geistige Schöpfung
(wer)
Adam, Stuart
Phillips, David
Ereignis
Veröffentlichung
(wer)
Institute for Fiscal Studies (IFS)
(wo)
London
(wann)
2023

DOI
doi:10.1920/re.ifs.2023.0252
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Bericht

Beteiligte

  • Adam, Stuart
  • Phillips, David
  • Institute for Fiscal Studies (IFS)

Entstanden

  • 2023

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