Councils in England will be allowed to keep the business rates they collect rather than paying them into Treasury coffers, under new government plans.
Deputy PM Nick Clegg said councils had no financial incentive to boost growth and prosperity in their areas.
But he said changes would be "fair" and poorer areas would not get less money than they do under the current system.
Will this be given to Welsh councils? I have always said a reduced business rates for areas who have been given European objective one money. This would help the local business community.
1 comment:
probably not, they still don't get council rent surplusses to keep
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