Question to the Department for Transport:
To ask the Secretary of State for Transport, pursuant to the Answer of 3 March 2016 to Question 28284, how much the Business Rate Retention Scheme has raised for the Greater London Authority in each year since the scheme's introduction.
The income available to the Greater London Authority through the Business Rates Retention Scheme was £863.2 million in 2013/2014 and £936.2 million in 2014/2015. The income is forecast to be £1.0396 billion in 2015/2016.