Just six businesses are using customs sites at “freeports” across the UK, more than three years after the tax-free import scheme was announced as a way to bolster Britain’s economy after leaving the EU.
The introduction of freeports was a flagship post-Brexit policy by the Conservative government that Boris Johnson promised would “boost” the country’s economy. Under the scheme, businesses are able to import materials tariff-free into the freeport area, and only pay duty on finished products when they are exported into the domestic economy.
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