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The Mail campaigned for the Treasury North to be on Teesside, famed for its Transporter Bridge in Middlesbrough.
The area has also been chosen as one of eight new freeports. These zones will benefit from simpler planning, funding to improve transport links, cheaper tariffs and lower taxes.
The other northern freeports will be Humber and Liverpool. East Midlands Airport, Felixstowe and Harwich, Plymouth, Solent and Thames make up the rest.
Teesside’s freeport will cover 4,500 acres and include the recently reopened airport, the former Redcar steelworks site and the ports of Middlesbrough and Hartlepool.
It is expected to create more than 18,000 jobs in five years, to boost the local economy by £3.2billion and attract £1.4billion of investment.
PM and Chancellor hear investors ready to agree deals on Teesside after freeport announcement
Rishi Sunak and Boris Johnson visited Teesport on Thursday after a momentous day for the region in the Budget
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Tees Valley s Mayor said he was on the phone with investors to bring jobs to Teesside, as the Prime Minister and Chancellor visited the region.
LIVE: PM Boris Johnson hails Treasury and freeport news on visit to Teesside with Chancellor
The visit comes after the confirmation that Teesside is to get freeport status and Treasury North will be based in Darlington
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The Prime Minister Boris Johnson and Chancellor Rishi Sunak are visiting Teesside following a momentous Budget for the area.
The pair will visit Teesport a day after it was confirmed that Teesside is one of eight locations that will be designated as a freeport.
A free port is an area - either a shipping port or an airport - where goods do not incur import taxes.
Natalie Jenkins murder probe: Woman and men arrested over alleged preventing of a lawful burial
The four have also been arrested on suspicion of preventing the course of justice
14:56, 4 MAR 2021
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