Craig Whittaker – 2016 Parliamentary Question to the Department for Communities and Local Government

The below Parliamentary question was asked by Craig Whittaker on 2016-09-02.

To ask the Secretary of State for Communities and Local Government, what assessment he has made of the ability of local authorities to support business growth and economic development within their areas ahead of them fully retaining business rates.

Mr Marcus Jones

The Government is committed to reforming the local government finance system to make local authorities more self-sufficient, including by allowing them to retain locally-raised business rates. This will ensure that authorities benefit from business rates growth providing them with an important incentive to support and develop their local economies. The reforms including the nature of the incentives to boost growth are subject to an ongoing consultation.