Liz Truss pledges to set up low-regulation ‘investment zones’

Liz Truss plans to introduce “low-regulation investment zones” – calling them a “full-fat” version of leadership opponent Rishi Sunak’s freeports – if she becomes Prime Minister, reports the Daily Mail.

The paper notes that Sunak first proposed the idea of freeports in the UK in a paper he wrote for the Centre for Policy Studies back in 2016.

Truss claimed her investment zones would “prove to businesses that we’re committed to their futures and incentivise them to stimulate the investment that will help deliver for hardworking people.”

Read the full piece here.

Date Added: Monday 25th July 2022