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Proceeding contribution from Lord Redwood (Conservative) in the House of Commons on Wednesday, 11 March 2009. It occurred during Debate on bill on Business Rate Supplements Bill.


Business Rate Supplements Bill

I accept that, and there will be some examples of good BID organisations that would not go down the route that I am setting out. However, the hon. Gentleman will accept that the local authority often starts with an important role in a BID organisation, or comes to play such a role, because it has the necessary public funding and staff. Local authorities in that situation are in some ways the continuity people. When the private sector is in a state of financial haemorrhage and collapse, it loses time, confidence, money and power in the BID organisations. Proportionally, the power and confidence of the public sector rises, and that is what is happening very visibly at the moment.


Secondary information

Type
Proceeding contribution
Reference
489 c341-2 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Companies Business Contributions Elizabeth line Greater London Greater London Authority Infrastructure Local government Local government finance Rates and rating Property Business rates Tax allowances Tenants Tax rates and bands Business improvement districts
Legislation
Business Rate Supplements Bill 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk