FINANCE

Stunell seeks to allay local business rate fears

Andrew Stunell reassures councils about the forthcoming localised finance regime.

Communities minister Andrew Stunell has reassured councils there has been significant local authority input into the forthcoming localised finance regime.

Delegates at the LGA conference in Birmingham today expressed concerns that the coalition's plan to localise business rates and introduce new borrowing powers could be ineffective if it is shaped entirely by Whitehall policy-wonks.

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