Nick Raynsford
Main Page: Nick Raynsford (Labour - Greenwich and Woolwich)My hon. Friend makes a good point, as he did last week in our debate. He is right to suggest that councils seeking to develop their town centres, their businesses and their local economy should look into the discretion we have given them that allows them to discount local business rates in whatever manner they see fit.
May I draw the House’s attention to my declaration in the Register of Members’ Financial Interests? Will the Secretary of State tell the House what his Department’s latest assessment is of the expected level of house price inflation over the coming year?
The Department relies on the Office for Budget Responsibility for those figures.