On 19 June 2016, IPPR published a report “Better Rates“, setting out analysis of the proposals for 100% Business Rates Retention, and recommendations for an alternative system. This LinkedIn article is my commentary on that report.
Nine months into the new Parliament, the shape of local government funding in England for the next four years is fairly clear. There have been five central government “events” that have revealed this picture. The first was an announcement on business rates and revenue support grant (RSG) on 5 October. The second was a combined Spending Review (SR) and Autumn Statement on 25 November. The provisional and final local government finance settlements were published on 17 December and 8 February. Finally there was the Budget on 16 March.
My article on p12 of LGiU’s C’llr magazine summarises the picture emerging from these events.