Sunday 9 February 2020 / 10:00 PM John McDonnell

John McDonnell responding to Government plans for 10 free ports

Shadow Chancellor John McDonnell MP, responding to Government plans for 10 free ports, said:

“This is the revival of a failed Thatcherite plan from the 1980s, designed to cut away at regulation and our tax base.

“There is very little solid evidence that so-called free ports create jobs or boost economic growth, showing this up as another ideological move from a far-right government.

“This plan only represents a ‘levelling-up’ for the super-rich, who will use free ports to hoard assets and avoid taxes while the rest of us feel the effects of under-funded public services.”