FINANCE

Backing for US-style TIFs to kick-start economies

Councils could soon kick-start moribund local economies through US-style regeneration programmes, under which they borrow cash to fund new developments and pay it back once local business rates increase.

Councils could soon kick-start moribund local economies through US-style regeneration programmes, under which they borrow cash to fund new developments and pay it back once local business rates increase.

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