Title

FINANCE

Redistribute rates 'according to local need' says report

New analysis of business rates reform argues it should go hand-in-hand with a fairer redistribution system.

New analysis of business rates reform argues it should go hand-in-hand with a fairer redistribution system, so councils in areas with a weak commercial base are not left with insufficient resources to meet local needs.

Making the case that the current formula grant system is broken because it is too centralised, complicated and open to central government manipulation, the essay by think-tank, IPPR North, calls for its replacement along Australian lines.

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