"Good plan or not ?
There can be good points to them but also can be negative points too.
What do you think? "
In principle they appear to be a great system, however in the uk they are unlikely to be used properly and would most probably end up being the subject of articles and headlines by the msm to hammer the government of the day.
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By (user no longer on site)
over a year ago
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I dony know enough about them to comment in detail, but the sense i get is the incremental new businesses isnt huge.
Im cybical so it feels more headline than a real difference maker. |
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By (user no longer on site)
over a year ago
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"I dony know enough about them to comment in detail, but the sense i get is the incremental new businesses isnt huge.
Im cybical so it feels more headline than a real difference maker. "
They have proven to strip employment from areas further afield to relocate to freeports. |
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"I dony know enough about them to comment in detail, but the sense i get is the incremental new businesses isnt huge.
Im cybical so it feels more headline than a real difference maker.
They have proven to strip employment from areas further afield to relocate to freeports. "
Yes, redistributing - away from the south (Felixstowe, tilbury, London gateway, Southampton) spreading to the north - teesport, port of Tyne, immingham etc.
Not sure how effective this would be. |
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They are good way of keeping ports going when tariffs or trade barriers stop the functioning of of proper thriving ports. A bit of a sticking plaster remedy but if we go down the no deal route. Free ports are probably the way to go. Of course while we are in the eu we can create free ports anyway, i think belfast was one for a while. Of course the EU doesn't encourage them. Not so much of a point to them anyway when you have tariff free easy movement of goods. |
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By (user no longer on site)
over a year ago
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"Good plan or not ?"
Easy way for money laundering and criminal enterprise to flourish, its a myopic and stupid.
Call me cynical, but people deserve better than the clowns in power now.
Of course many readers will deny this is the case, I hate being the one who says I told you so. |
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By (user no longer on site)
over a year ago
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"I dony know enough about them to comment in detail, but the sense i get is the incremental new businesses isnt huge.
Im cybical so it feels more headline than a real difference maker.
They have proven to strip employment from areas further afield to relocate to freeports.
Yes, redistributing - away from the south (Felixstowe, tilbury, London gateway, Southampton) spreading to the north - teesport, port of Tyne, immingham etc.
Not sure how effective this would be."
I don't know, I've not really looked into Freeports much. |
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"I dony know enough about them to comment in detail, but the sense i get is the incremental new businesses isnt huge.
Im cybical so it feels more headline than a real difference maker.
They have proven to strip employment from areas further afield to relocate to freeports.
Yes, redistributing - away from the south (Felixstowe, tilbury, London gateway, Southampton) spreading to the north - teesport, port of Tyne, immingham etc.
Not sure how effective this would be.
I don't know, I've not really looked into Freeports much. "
They may be useful when I import my sand and sell it back to the Arabs  lol |
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By *asyukMan
over a year ago
West London |
If companies actually want to do business in a country then they will.
Freeports acknowledge failure. It's an acceptance of the country not being attractive as anything except as some land and a workforce. |
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By *ara JTV/TS
over a year ago
Bristol East |
Earlier this year I went on a booze cruise down the River Avon from Bristol Harbour.
The captain gave a commentary along the way and I learned so much.
There are lots of large Victorian warehouses near the docks that have been converted to flats and whatever.
Bonded warehouses, he said.
In the old days, ships bringing a variety of cargo into Bristol would stop at the warehouses and deposit cargo intended for other destinations.
They would proceed to Bristol Harbour to unload the Bristol cargo and stop at the warehouse to pick up the other cargo on the way back down the river.
This avoided them "landing" the goods in the UK and paying the customs tariff.
It sounded like a lot of double-handling.
I get the impression freeports are a modern-day version without the double-handling.
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By *mmabluTV/TS
over a year ago
upton wirral |
"Good plan or not ?
Easy way for money laundering and criminal enterprise to flourish, its a myopic and stupid.
Call me cynical, but people deserve better than the clowns in power now.
Of course many readers will deny this is the case, I hate being the one who says I told you so."
Yes cynical |
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By (user no longer on site)
over a year ago
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Free Ports with bonded areas are for moving goods around the world dropping off and piling up from to save all of the faffing about with taxing goods and the having to claim it back again whe they are reshipped onwards.
Back in the days of deawoo cars they used to come into royal port bury docks and be put into compounds where they were held because deawoo never have the money to pay the import duty until a customer Paid the deposit and then the bond was paid out of that and then the car could be released.
It is probably the same for a lot of goods awaiting the tax to be paid before they can officially be landed.
When they were still deawoo and not GM it was a £10,000 fine if a car made it out of the docks without the bond paid and a prosecution |
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"A bit more research needed on free ports I think ...
"
No import duties payable
No business rates payable
No national insurance payable
In fact it's no surprise to see port operators lining LolBoris's pockets. |
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By *ara JTV/TS
over a year ago
Bristol East |
i read yesterday there are about 80 free ports throughout the EU.
Each with their own varying rules and regulations.
So it's not an idea that hinges on Brexit.
Freeports were legal in the UK until 2012 when the legislation expired and wasn't renewed.
This appears to be the current administration looking for business ideas and dusting down the old rules.
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By (user no longer on site)
over a year ago
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"i read yesterday there are about 80 free ports throughout the EU.
Each with their own varying rules and regulations.
So it's not an idea that hinges on Brexit.
Freeports were legal in the UK until 2012 when the legislation expired and wasn't renewed.
This appears to be the current administration looking for business ideas and dusting down the old rules.
"
I was just going to say that.
Free ports are common throughout Europe, especially the more Eastern Europe countries. Free ports were present in the UK until 2012, but the legislation which permitted them in the UK lapsed and wasn't renewed! Why? Forward planning?
I note that the UK is keen to seek deals with our European friends, but I found a list of potential new UK free ports. I noticed that Hawarden airport and the Deeside Industrial Zone isn't even on the list.
Why not? That potential free port is home to Airbus, Toyota Motor Manufacturing, Iceland, Tata steel, Westbridge Furniture, Akzo Nobel, TI Group Automotive Systems and many other internationally important companies, corporations & highly specialized businesses. |
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I think if we leave with no deal free ports are the way to go. Obviously no deal will pretty much obliterate any manufacturing especially heavy manufacturing. Free ports are a way of keeping ports going when they can't trade freely. As pointed out above we can have free ports as part of the eu already. |
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By *ara JTV/TS
over a year ago
Bristol East |
Packet I am smoking now has Canarias duty label on it.
Bought them in Gran Canaria last December.
€3.20, for 20.
Same pack in mainland Spain is about €4.80.
Same pack in United Kingdom is £12. |
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By (user no longer on site)
over a year ago
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"Packet I am smoking now has Canarias duty label on it.
Bought them in Gran Canaria last December.
€3.20, for 20.
Same pack in mainland Spain is about €4.80.
Same pack in United Kingdom is £12."
£12 for 20 fags, Jesus, didn't realise they'd got that expensive  |
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By *ara JTV/TS
over a year ago
Bristol East |
That's why I keep popping over to Spain on easy jet.
If I buy, say, 3000, I save myself about £1200 on the purchase price here.
My trip costs me £250-300 for a week or so.
So I say to myself I am saving £900 and having a free holiday, too.
Brexit will bugger it up eventually, but I am hoping little ole' me teetering on my heels through arrivals at Bristol Airport will be priority no. 76,456 on the Brexit list.
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