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

AMHP Team Manager

London Borough of Richmond upon Thames and London Borough of Wandsworth
£48,873 - £59,220 plus annual £3,000 AMHP allow
AMHP Team Manager – Richmond and Wand... Twickenham, Greater London
Recuriter: London Borough of Richmond upon Thames and London Borough of Wandsworth

Social Worker - Adoption Assessment, South Essex

Essex County Council
£37185.0000 - £50081.0000 per annum
Social Worker - Adoption Assessment, South EssexPermanent, Full Time£37,185 to £50,081 per annumLocation
Recuriter: Essex County Council

Visiting Officer

London Borough of Richmond upon Thames and London Borough of Wandsworth
£30,510 - £45,564
Financial Assessment Visiting Officer
Recuriter: London Borough of Richmond upon Thames and London Borough of Wandsworth

Financial Assessment Officer

London Borough of Richmond upon Thames and London Borough of Wandsworth
£30,510 - £45,564 per annum
Financial Assessment OfficerSC5 – SO2<... London, Wandsworth
Recuriter: London Borough of Richmond upon Thames and London Borough of Wandsworth

Debt Recovery Officer

London Borough of Richmond upon Thames and London Borough of Wandsworth
£32,841 - £45,564
Debt Recovery Officer
Recuriter: London Borough of Richmond upon Thames and London Borough of Wandsworth
Linkedin Banner