• About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
  • Login
  • Register
📖 Magazine
The Global Economics
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
The Global Economics
No Result
View All Result
Home Feature Finance

UK Government Announces £200 Million Port Infrastructure Fund

The infrastructure provides the fund in-off grants to ports

The Global Economics by The Global Economics
October 3, 2020
in Finance, Trending
Reading Time: 2 mins read
0
UK Government Announces £200 Million Port Infrastructure Fund

UK Government Announces £200 Million Port Infrastructure Fund

49
SHARES
804
VIEWS
FacebookTwitterRedditWhatsAppLinkedInFacebook

The #UK government has launched a £200 million ($258 million) fund for ports up front its exit from the EU Customs Union.

With this new infrastructure, the ports will be required irrespective the UK affixes a negotiated agreement with the EU, will new procedures to follow. Additionally, £270 million has been allocated to inland custom facilities wherever infrastructure is not located at ports.

With the announcement of successful bids, the deadline for application is on October 30.

Starting January 31, 2021, the UK has taken the decision to introduce new border controls in three stages, owing to the #coronavirus pandemic.

Commenting on this, the Chancellor of the Duchy of Lancaster, Michael Gove said that within the next three months, until the end of the UK transition period, the businesses will have to prepare to follow the new procedures which will come into place irrespective UK reaches a trade agreement with the European Union.

Upon listening to businesses and the border industry, they will continue to work with the #EU to deliver not just a fully operational border at the end of the transition period, but rise to the world’s most effective and secure border in the next five years, he added.

The UK ports industry has also welcomed the launch of the government’s new Port Infrastructure Fund representing the interest of over 100 port members.

Tags: coronavirusEUuk
The Global Economics

The Global Economics

The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

Related Posts

Ghana’s Parliament Passes $2.8 Billion Debt Restructuring Agreement
Economy

Ghana’s Parliament Passes $2.8 Billion Debt Restructuring Agreement 

by The Global Economics
June 26, 2025
Oman’s Sovereign Wealth Fund Records $4.1 Billion Profit: Global SWF
Funds

Oman’s Sovereign Wealth Fund Records $4.1 Billion Profit: Global SWF 

by The Global Economics
June 25, 2025
Asia Becomes A Hot Spot For Foreign Inflows With Malaysia Recording Highest Inflows
Economy

Asia Becomes A Hot Spot For Foreign Inflows

by The Global Economics
June 19, 2025
New Green Loans Plan By Bank Could Attract Billions In Climate Finance
Climate

New Green Loans Plan By Bank Could Attract Billions In Climate Finance 

by The Global Economics
June 17, 2025
Chime Shares Jump 59% As It Makes Nasdaq Debut
Markets

Chime Shares Jump 59% As It Makes Nasdaq Debut 

by The Global Economics
June 13, 2025
Twitter Youtube LinkedIn Soundcloud
the global economics logo

The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice
  • Server Status

norton verified - the global economics

Latest Posts

Indonesia Removes Visa Rules for Brazilian and Turkish Citizens to Push Tourism

Indonesia Removes Visa Rules for Brazilian and Turkish Citizens to Push Tourism

July 3, 2025
Weakening Dollar Makes Investors Reduce Dollar Exposure to Protect US Equity Holdings

Weakening Dollar Makes Investors Reduce Dollar Exposure to Protect US Equity Holdings

July 2, 2025
Renewable Energy Companies In Danger Over Trump’s Excise Tax Bill

Renewable Energy Companies In Danger Over Trump’s Excise Tax Bill 

July 1, 2025
Download The Global Economics PWA to your mobile or Desktop
PWA App Download
Download The Global Economics Android App to your mobile or Desktop
Android App
Download The Global Economics IOS App to your mobile or Desktop
IOS App

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

Welcome Back!

Sign In with Facebook
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • About us
  • Awards
  • Magazine
  • Client’s Voice
  • Exclusive Coverage
  • Nominate
  • Login
  • Sign Up

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version