FINANCE

100% rates retention on its way as Bill receives second reading

Legislation that will pave the way for 100% business rates retention passed its second reading in the House of Commons this week.

By Mark Conrad | 24 January 2017

Legislation that will pave the way for 100% business rates retention passed its second reading in the House of Commons this week.

Housing minister Gavin Barwell said the Local Government Finance Bill represented a ‘revolutionary' step but insisted the legislation would not ‘solve all the problems' facing councils.

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Popular articles by Mark Conrad

  1. Solace presses for multi-year settlements
  2. Mayors call for a 'decade of devolution'
  3. Tewkesbury consultation extended
  4. Bev Craig to lead LGA Labour group
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