Business Rate Retention Options

[blackdog]

Someone commenting on the Queen's Speech yesterday noted that the Tory plans on Business Rate Retention were not mentioned - implying that this means that they won't go ahead.

Bad news for West Berkshire if this is the case.

[blackdog]

Despite the lack of a Local Government Finance Bill, a Department for Communities and Local Government spokeswoman said: 'The Government is committed to delivering the manifesto pledge to help local authorities control more of the money they raise and will work closely with local government to agree the best way to achieve this.' (source)

It seems that this is a controversial move within the Tory party - perhaps because most of the councils that will gain from the move are solid Tory.

And I was wrong about the date of the last Local Government Finace Act, there was one in 2012.