Topic: Freeports |
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1. Author: LochgellyAlbert Date: Tue 26th Mar 2024. 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? Reply |
2. Author: jake89 Date: Tue 26th Mar 2024. 08:19 It`s horrific and whilst it`s a UK gov decision, it feels odd the Scottish Government seems content with it. Reply |
3. Author: Buspasspar Date: Tue 26th Mar 2024. 08:28 https://www.gov.uk/guidance/freeports We are forever shaped by the Children we once were Reply |
4. Author: Parboiled Date: Tue 26th Mar 2024. 09:41 What’s horrific about it? Reply |
5. Author: jake89 Date: Tue 26th Mar 2024. 10:20 Parboiled, Tue 26 Mar 09:41 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. Reply |
6. Author: Parboiled Date: Tue 26th Mar 2024. 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? Reply |
7. Author: OzPar Date: Tue 26th Mar 2024. 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. Reply |
8. Author: wee eck Date: Tue 26th Mar 2024. 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? Reply |
9. Author: Tenruh Date: Tue 26th Mar 2024. 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 Reply |
10. Author: LochgellyAlbert Date: Tue 26th Mar 2024. 12:55 The Tories don`t support anything unless their grubby hands are well oiled!🤔🤬 Reply |
11. Author: Parboiled Date: Tue 26th Mar 2024. 13:18 If fracking was permitted Grangemouth would have boomed…in a good way. Reply |