(12 years, 10 months ago)
Commons Chamber10. What assessment he has made of the possible effects on local authorities in deprived areas of his planned localisation of national non-domestic rates.
12. What assessment he has made of the potential effect of his proposals for the localisation of business rates on regional inequality.
Currently, local authorities see no financial benefit from delivering growth. Our proposals will create a strong incentive for all local authorities, wherever they are in the country, to promote growth, local enterprise and jobs. We will ensure that no council will lose out as a result of its business rates base at the outset of the scheme.