Local Government Finance

(asked on 8th July 2020) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask Her Majesty's Government whether work has been postponed on (1) plans to introduce 100 per cent business rate retention, and (2) the Fair Funding Review; and what steps they are taking to progress reforms to local government finance.


Answered by
Lord Greenhalgh Portrait
Lord Greenhalgh
This question was answered on 22nd July 2020

In April the government announced that it would not be implementing the Review of Relative Needs and Resources and the planned increase to the rate of business rates retention in 2021-22. This decision was taken to allow councils to focus on meeting the immediate public health challenges posed by the pandemic. As the local government finance system moves into a more stable position, we will engage with our partners in local government on a suitable timetable for continuing consultation and subsequently implementing a reform package.

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