Freeports: Job Creation and Population
(asked on 6th February 2023) - View Source
Question to the Department for Levelling Up, Housing & Communities:
To ask His Majesty's Government what additional support they have provided to local governments to support additional needs following (1) job creation, and (2) the movement or growth of population, in the areas around freeports.
Answered by
Baroness Scott of Bybrook
Parliamentary Under Secretary of State (Department for Levelling Up, Housing and Communities)
The Freeport policy model features a generous package of funding for local authorities to help them drive local regeneration, including by meeting local infrastructure and other needs. This encompasses £1 million of funding to support local capacity to deliver, £25 million of funding for local capital works, and potentially hundreds of millions of flexible funding through local retention of business rates, to be used in line with local priorities.