The future of the £7bn New Homes Bonus (NHB) is in doubt, after Treasury ministers revealed they believe the policy has failed.
A joint Whitehall-Local Government Association panel set up to shape a new business rates retention scheme convened recently to discuss progress. The panel operates alongside a separate body discussing the fair funding review, and both have had detailed discussions about the sector’s financial arrangements beyond revenue support grant (RSG).
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
