Boris Johnson Plans Ten Tax-Free Freeport Zones To Shelter Art, Assets

The UK’s international trade secretary, Liz Truss, announced on Thursday that she hopes to launch “the world’s most advanced freeport model” as soon as possible, promising it will create “thousands of jobs.” The move was immediately criticized by the opposition Labour Party. Peter Dowd, the shadow chief secretary to the treasury, said that creating tax havens, where the super-rich can store their “art, wine, and gold,” is “payback for Tory funders and their mates.” – Artnet