Find out how the government have put levelling up at the heart of the Spring Budget and what it means for business.
It’ll come as no surprise, from the government that continues to talk about levelling up, that the agenda of levelling up was prominent within their most recent Spring Budget. This is illustrated through recent announcements on Freeports, on the location of a new HM Treasury Hub in the North East, and from the newly launched ‘Build back better – our plan for growth’ report.
Whilst the budget provided much needed clarity on regional spending, there were some conspicuous gaps within the budget, particularly on the future of English devolution and of Local Enterprise Partnerships, and some announcements that potentially missed the mark if we are to truly level up the country.
Clarity on the government’s eight new English freeports
The Chancellor announced eight new English freeports in the East Midlands Airport, Felixstowe and Harwich, The Humber, Liverpool City Region, Plymouth, Solent, the Thames, and Teesside. With innovative ideas and strengthened international trading links key to accelerating recovery and boosting the
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