Lucy Allan
Main Page: Lucy Allan (Independent - Telford)1. What progress his Department has made on enabling local authorities to retain 100% of business rates.
I should like to associate myself with your comments about the tragedy in Nice, Mr Speaker. I am sure that the thoughts and prayers of the whole House are with the victims and their families and friends. I also warmly welcome the establishment of the Cox Committee.
The full retention of business rates is a reform that councils have long campaigned for, and it will shape the role and purpose of local government for many decades to come. To deliver this commitment, we have already published an open consultation inviting councils, businesses and local people to have their say on how the system should operate.
I congratulate the Minister on his new appointment and I really look forward to working with him. Businesses want to move to Telford all the time, and for that reason the move to 100% business rate retention will mean welcome extra revenue for our council. Are there any plans to top-slice business rate income from councils with higher levels of business rate income to subsidise those with lower levels?