Boost for transport infrastructure delivery as Clegg opens door to TIF

01 October 2010

 

Deputy Prime Minister Nick Clegg has announced that the Government will give local authorities the power to fund new transport links using tax increment financing (TIF).

TIF will allow councils to pay for transport improvements by borrowing against the estimated additional business rate income generated by the new infrastructure.

Clegg’s statement to the Liberal Democrat conference in Liverpool followed a call from the Local Government Association for the means to “plug the gaps...

+81% more

 

 
Search
 
1 Linked Articles:
 
 

TransportXtra is part of Landor LINKS

© 2025 TransportXtra | Landor LINKS Ltd | All Rights Reserved

Subscriptions, Magazines & Online Access Enquires
[Frequently Asked Questions]
Email: subs.ltt@landor.co.uk | Tel: +44 (0) 20 7091 7959

Shop & Accounts Enquires
Email: accounts@landor.co.uk | Tel: +44 (0) 20 7091 7855

Advertising Sales & Recruitment Enquires
Email: daniel@landor.co.uk | Tel: +44 (0) 20 7091 7861

Events & Conference Enquires
Email: conferences@landor.co.uk | Tel: +44 (0) 20 7091 7865

Press Releases & Editorial Enquires
Email: info@transportxtra.com | Tel: +44 (0) 20 7091 7875

Privacy Policy | Terms and Conditions | Advertise

Web design london by Brainiac Media 2020