Related insights: Logistics

Can MMC be both a regional and a national success?

14 Dec 2021
The UK is built on pockets of emerging industry; jobs are created, house prices increase, the local economy grows. This in turn encourages talent to relocate and new opportunities to arise in an area, and so growth and investment becomes possible. The discussion around Modern Methods of Construction (MMC) is still evolving, particularly in the context of logistics and infrastructure across different regions – but could MMC be a catalyst for this kind of growth and change?

Bigger than just ports: Gary Chapman on Freeports

22 Jul 2021
Gary Chapman, Co-head of North regions and Director of industrials and infrastructure at Lloyds Bank, notes that the opportunities created by Freeports extend beyond just the ports themselves. Freeports will lead to investment and opportunities within the free zones, but will also lead to challenges regarding security, limited timescale and collaboration.

UK Freeports: what happens now?

20 Apr 2021
The locations of the UK’s eight new Freeports have been announced with the promise of simpler planning, favourable customs tariffs and duties, and tax breaks to encourage growth and investment. But what should you do now? 

Freeports in the UK: how will they work in practice?

17 Mar 2021
In the 2021 Spring Budget, Chancellor Rishi Sunak announced the location of eight Freeports/Free Zones in England following a competitive bidding procedure launched in Autumn 2020. Press coverage and social media commentary was generally positive. However, there is a risk that those positive responses stem from a misunderstanding of the detailed proposals, and that a degree of expectation-management will be required to ensure that businesses take appropriate steps depending on whether they are within or outside the relevant parts of a designated Freeport/Free Zone.

Freeports will be a vital boost towards the UK's post COVID-19 economic and social recovery

03 Mar 2021
We are highly supportive of the government's Freeport initiative and the Chancellor's announcements today in relation to the creation of eight new style Freeports across the UK. The decision shows a real willingness to take concrete steps along the long road to levelling up the country. It will provide a vital boost towards the regeneration of parts of the country which need it most and also support their post COVID-19 economic and social recovery.

UK Freeports: The story so far

03 Mar 2021
Following the EU referendum in 2016, Rishi Sunak presented a case for British Freeports and the potential and opportunity this presented as a fast response to Brexit. With the vision that successful Freeports would allow the country to level up, increase productivity, shift regional imbalance, and reinvigorate the North, as well as promoting and incentivising global trade.