Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

£400m Tax Increment Finance proposed for West End

08 July 2016
 

MINISTERS ARE considering a  £400m Tax Increment Finance (TIF) scheme to help fund transport and other improvements in London’s West End.

Westminster City Council, Transport for London, the Greater London Authority, the West End Partnership, and the London Borough of Camden have submitted a proposal to Treasury for a £400m TIF scheme based on business rates. Westminster City Council  chief executive Charlie Parker told councillors that it would support the West End...

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