Hiba Mahamadi 17 January 2018

Government is misguided on business rates, London Councils warns

Government is misguided on business rates, London Councils warns

The Ministry of Housing, Communities and Local Government’s (MHCLG) belief that councils do not want 100% business rates retention is misguided, London Councils has warned.

In a report to a meeting of London Councils' executive yesterday, the organisation's strategic lead for finance, performance and procurement, Paul Honeyben, repeated the call for full rates retention.

The report came a day after MHCLG’s director general for local government and public services, Jo Farrar, claimed the sector had not indicated a need for 100% rates retention, which was why the ministry chose to settle on 75%.

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