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FINANCE

Whitehall delays revaluation of business rates

The Government has confirmed the planned revaluation of business rates will no longer take place next year due to coronavirus.

The Government has confirmed the planned revaluation of business rates will no longer take place next year due to coronavirus.

It is understood that the Government is exploring whether to introduce a revaluation in 2022, which, as it currently stands, is required by law.

Local government secretary, Robert Jenrick, said: ‘We have listened to businesses and their concerns about the timing of the 2021 business rates revaluation and have acted to end that uncertainty by postponing the change.

'Now is the time for us to continue to focus on supporting businesses affected by the pandemic, including through our unprecedented package of almost £10bn in business rates relief.'

FINANCE

Beyond winning and losing: leadership lessons for LGR

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FINANCE

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FINANCE

Councils can't wait for reform

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Drawing on assurance work by CIPFA, Joanne Pitt sets out the challenges driving the growing reliance on Exceptional Financial Support and outlines the urgent...

FINANCE

New towns report delayed amid fears over rising costs

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The final report of the New Towns Taskforce has been delayed as part of the Government’s attempts at a refresh.

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