Unlocking the Potential of Rates Retention for Freeports & Investment Zones
This paper sets out the potential for Retained Business Rates (RBRs) to be utilised to fund infrastructure or support on-site developments to accelerate economic growth in Freeports (FPs), in particular and where applicable Business Rates Retention (BRR) for Investment Zones (IZs) and their surrounding areas, as part of wider regional place based economic growth.