Chancellor George Osborne has announced plans to hand business rates over to local authority control, as part of plans to phase out grant.
Speaking to the Conservative party conference in Manchester, the Chancellor said he was ‘embarking on the biggest transfer of power to our local government in living memory’ as he laid out plans which will see councils retain all £26bn in business rates.
Want full article access?
Receive The MJ magazine each week and gain access to all the content on this website with a subscription.
Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.
Already a subscriber? Login