CHANGES TO the way local transport is funded in England were signalled this week in the Government’s consultation on allowing councils to retain 100% of business rate revenues.
The Department for Communities and Local Government (DCLG) says the 100% retention of business rates locally will be introduced by the end of the Parliament, giving councils in England control of around £12.5bn of additional revenue (2019/20). In order to ensure the changes are fiscally neutral,...
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