Asked by: Simon Clarke (Conservative - Middlesbrough South and East Cleveland)
Question to the HM Treasury:
What assessment he has made of his Department's progress in levelling up the economy of the Tees Valley.
Answered by Kemi Badenoch - Leader of HM Official Opposition
The Government remains committed to levelling up opportunity across the UK, including in the Tees Valley.
At the Budget I confirmed a series of measures to level up Tees Valley’s economy:
The Tees Valley will also benefit from two new Towns Fund Deals, in Middlesbrough and Thornaby.
Asked by: Simon Clarke (Conservative - Middlesbrough South and East Cleveland)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential merits of free ports to support the UK's global trade after the end of the transition period.
Answered by Steve Barclay
The government plans to establish Freeports across the UK. These will be national hubs for trade, innovation and commerce, regenerating communities across the UK. They can attract new businesses, spreading jobs, investment and opportunity to towns and cities up and down the country.
Our Freeports consultation response, published on Wednesday 7 October, sets out in more detail how Freeports will unleash the potential of ports across the country.
Asked by: Simon Clarke (Conservative - Middlesbrough South and East Cleveland)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to the White Paper, The Future Relationship Between the United Kingdom and the European Union, published in July 2018, what assessment he has made of the UK's ability to establish Supercharged Free Ports after the UK leaves the EU.
Answered by Mel Stride - Shadow Chancellor of the Exchequer
A free port is an area located at a port which is designated as a free zone. Section 100A of the Customs and Excise Management Act 1979 (CEMA) currently provides the legal basis for the designation of free zones by HM Treasury and will continue to do so following UK withdrawal from the EU. Applying for designation as a free zone will be a commercial decision to be taken by private operators.
Schedule 2 Part 2 Paragraph 2 of the Taxation (Cross-border Trade) Act 2018 makes provision to enable HMRC to make regulations imposing requirements in respect of goods kept in free zones designated under CEMA 1979.
Asked by: Simon Clarke (Conservative - Middlesbrough South and East Cleveland)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to the White Paper, The Future Relationship Between the United Kingdom and the European Union, published in July 2018, what assessment he has made of the UK's ability to establish Supercharged Free Ports after the UK leaves the EU.
Answered by Mel Stride - Shadow Chancellor of the Exchequer
A free port is an area located at a port which is designated as a free zone. Section 100A of the Customs and Excise Management Act 1979 (CEMA) currently provides the legal basis for the designation of free zones by HM Treasury and will continue to do so following UK withdrawal from the EU. Applying for designation as a free zone will be a commercial decision to be taken by private operators.
Schedule 2 Part 2 Paragraph 2 of the Taxation (Cross-border Trade) Act 2018 makes provision to enable HMRC to make regulations imposing requirements in respect of goods kept in free zones designated under CEMA 1979.