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The Guardian - UK
The Guardian - UK
Business
Richard Partington and Mark Brown

Teesworks review criticises freeport project’s secrecy and value for money

The entrance to Teesworks. The review into the regeneration project at Redcar was ordered by the levelling up secretary, Michael Gove in May 2023.
The review into the regeneration project at Redcar was ordered by the levelling up secretary, Michael Gove in May 2023. Photograph: Gary Calton/The Observer

Taxpayers are not being guaranteed value for money or transparency at a regeneration project overseen by the Conservative Tees Valley mayor, Ben Houchen, according to a review that cleared it of cronyism and corruption.

An independent review of Teesworks, one of the highest-profile, government-backed regeneration schemes in Britain, found the project was excessively secretive and could not ensure public money was being well spent.

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