Business of the House

Baroness Keeley Excerpts

Thursday 7th July 2011 Commons Chamber

[Sir George Young]

I commend the hon. Gentleman for his initiative in generating the debate on this matter, and indeed for what he said yesterday. The inquiries will be independent and they will be in public. I note what he has said about the specific format of the inquiries, and that will form part of the consultation process in which we are now engaged.

[Barbara Keeley (Worsley and Eccles South) (Lab)]

Last week, the Deputy Prime Minister made the following announcement at a conference in Birmingham:

“We will localise…business rates. No ifs, no buts, no maybes.”

The localisation of business rates is a key policy change that could make the difference to the city of Salford of a loss of £36 million, while the City of London could gain £550 million. May we therefore have an urgent debate on the Government’s intentions for local government finance, so that Members can ask the questions that they should have been able to ask last week?

[Sir George Young]

If the hon. Lady looks at the coalition agreement, she will see a clear statement of our intention to make local government finance more independent of central Government. We will be consulting in due course on the specific issue of business rates.