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Port Investment Fund

Commenting on the Government’s launch of the Port Investment Fund, Tim Morris of the UK Major Ports Group, the trade association for the UK’s largest port operators, said:

“There is significant port capacity around the coast of the UK for handling freight flows to and from the EU. Today’s announcement is a welcome step in ensuring that this capacity can be maximised and UK supply chains can be more resilient.

“Time is short and it is vital that UK businesses prepare for new border arrangements. We will work urgently with the Government on the all-important detail and related regulations.”