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Richmond upon Thames Liberal Democrats:Covering the constituencies of Twickenham and Richmond Park |
Andrew Stunell MP writes: Re-localisation of business rates will give councils real financial freedom
July 20, 2011 1:42 PM
• [Jul 19] Andrew Stunell writes: YESTERDAY'S announcement of our plan to re-localise business rates is one of the most significant reforms announced by the Coalition so far. Ok, not as newsworthy as the phone hacking scandal, but it's big news for local democracy nonetheless. It marks another fundamental shift from central control to local responsibility . .
The re-localisation of business rates is a big step towards the empowerment of local communities. We think we've got a pretty solid and workable framework that balances equalisation with growth. But we're open to views on how we can make it better. The formal consultation on our proposals is an important part of this process. You can find the link here. There is also a Plain English Guide to the Reforms, which is available here.
If you think we've got aspects of this wrong, tell us. I want to hear people's responses loud and clear in the coming weeks. This is an important reform. It's crucial we get it right.
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