Jamie Hailstone 08 August 2016

May to cut councils out of fracking funds

Theresa May has announced plans to divert money destined for local authorities from fracking and infrastructure, giving the cash directly to households instead.

The prime minister announced yesterday plans to change the rules around the Shale Wealth Fund.

Under the current fund rules, local authorities and community groups could receive up to 10% of any tax revenues from shale exploration in their area. 

If the rules are changed, then the money would go to local residents instead, with the Government estimating each eligible community benefit could receive up to £10m.

The fund was launched in 2014 to encourage more shale gas exploration, but there has been no fracking in the UK since 2011, after tests near Blackpool were found to have caused earthquakes.

In May, North Yorkshire CC gave the green light to an application to frack for shale gas at an existing site. 

For more visit The MJ (£).

SIGN UP
For your free daily news bulletin
Highways jobs

School Crossing Patrol Officer - Thundersley Primary School

Essex County Council
Up to £13.00 per hour
School Crossing Patrol Officer - Thundersley Primary SchoolPermanent, Term Time£13.00 per hourLocation
Recuriter: Essex County Council

School Crossing Officer - St Francis' Primary

Essex County Council
Up to £13.00 per hour
School Crossing Officer - St Francis' PrimaryPermanent, Term Time£13.00 per hourLocation
Recuriter: Essex County Council

School Crossing Patrol Officer - Lawford Mead Primary

Essex County Council
Up to £13.00 per hour
School Crossing Patrol Officer - Lawford Mead PrimaryPermanent, Part Time£13.00 per hourLocation
Recuriter: Essex County Council

School Crossing Patrol Officer - Riverside Primary School

Essex County Council
Up to £13.00 per hour
School Crossing Patrol Officer - Riverside Primary SchoolPermanent, Part Time£13.00 per hourLocation
Recuriter: Essex County Council

Senior Lawyer (Litigation)

West Northamptonshire Council
£49587 - £52860
Would you like to join a local authority where you can progress your legal career and be supported to excel professionally? If so, join the Legal Team at West Northants Council, one of the newest and the fourth biggest Unitary Council in England. You wi Northampton
Recuriter: West Northamptonshire Council
Linkedin Banner