Each of these Freeports will now receive up to £25 million seed funding and gain access to locally retained business rates to upgrade local infrastructure and stimulate regeneration.

The remaining five English Freeports are expected to join Plymouth, Solent, and Teesside in receiving their final approvals shortly, and the Government remains committed to ensuring all four corners of the UK can benefit from the Freeports programme.

For further information on this update, please check out the press release from the Department for Levelling Up, Housing and Communities on GOV.UK.