Proceeding contribution from Earl Cathcart (Conservative) in the House of Lords on Monday, 11 May 2009. It occurred during Debate on bill and Committee proceeding on Business Rate Supplements Bill.
Business Rate Supplements Bill
I am going on, I am afraid. There is a temptation, which people have foreseen, that the Government may say to local authorities, "We are not going to pay for that project. You pay for it out of the business rate supplement". I shall give you an example. When the congestion charge was introduced under the Greater London Authority Act 1999, an estimate was made of the likely income that the charge would gather. Then—surprise, surprise—the very next year, the central government grant to Transport for London was reduced by almost exactly that amount. This is one of the worries. I ask the question again: will the Minister guarantee that government spending or government grants will be in no way reduced because of the ability of local authorities to raise business supplement relief?
Secondary information
- Type
- Proceeding contribution
- Reference
- 710 c308GC
- Session
- 2008-09
- Chamber / Committee
- House of Lords Grand Committee
- Subjects
- Business Housing Greater London Discounts Economic growth Local government Local government finance Public consultation Business rates Regional planning and development Business improvement districts
- Legislation
- Business Rate Supplements Bill 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-22 01:58:51 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_555587
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