Related insights: Transport
Major economic boost with official launch of UK’s first freeports
07 Dec 2022
The news that the UK's first freeports in Plymouth, Solent, and Teesside are now fully up and running is welcome and positive news for the economy. Each of these Freeports, which now have official sign off will receive up to £25 million seed funding and potentially tens of millions of pounds in locally retained business rates to upgrade local infrastructure and stimulate regeneration.
Womble Bond Dickinson advises on Portishead railway reopening
18 Nov 2022
Leading Bristol law firm Womble Bond Dickinson is celebrating the Secretary of State for Transport's decision on 14 November 2022 to make the Portishead branch line (MetroWest Phase 1) Order. The firm was instructed by North Somerset Council and the West of England Combined Authority to promote the Order required to authorise the railways reopening. This represents the largest local authority led railway reopening project in the country.
Autumn Statement 2022: Transport and infrastructure remains a growth priority
17 Nov 2022
Transport partner, Kevin Bell, voices his opinion on the back of Jeremy Hunt's Autumn Statement, as transport and infrastructure remains a "growth priority."
WBD advises Govia Thameslink Railway on £256m contract with Alstom
02 Nov 2022
Transatlantic law firm Womble Bond Dickinson (WBD) has advised long-standing client Govia Thameslink Railway (GTR) on a £256m services contract with Alstom.
The ‘Emergency Budget’ and freeports: positive news for the UK
23 Sep 2022
The Chancellor’s ‘emergency budget’ has been a cause for much anticipation by those in support of UK Freeports. Truss has been vocal in her backing of them prior to and throughout the recent Tory leadership race, with much talk around her vision for ‘full-fat freeports’.
How can technology help unlock the potential of Freeports?
17 May 2022
Freeports are a special kind of port where normal tax and customs rules do not apply. They can be airports as well as maritime ports. Freeports are intended to stimulate economic activity in their designated areas, specifically for manufacturing businesses that import, process and then re-export goods. They also have the potential to be new centres of excellence as we electrify, automate and digitise our future.
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