Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Variations in 100% business rates retention pilots emerge

  • Comment

Details of the six 100% business rates retention pilots due to start in April have been published.

Greater Manchester is the only pilot where the councils involved will see the public health budget rolled into their funding baselines, despite other areas also requesting it in discussions with government.

The area’s combined authority is also set to receive highways and transport funding worth £43m directly from the business rates pot, as is the West of England Combined Authority which will get £17m.

Cornwall will receive highways funding of £26m as well as £3.2m rural grant funding.

In the Liverpool City Region, the £9m improved better care fund money will be funded from business rates, however the West Midlands will not receive control of any additional funding in the first year of the pilot so its settlement funding remains the same.

No details in relation to Surrey’s proposed pilot from 2018-19 were published alongside the finance settlement Monday evening. Surrey CC’s settlement funding and core spending power remained unchanged, despite claims that the government reached a “sweetheart deal” with the county which was threatening to hold a council tax referendum.

However, communities secretary Sajid Javid said in his speech that he would be inviting “all councils to apply to participate in piloting” 100% rates retention from April 2018. “We will be publishing more information about this process shortly,” he said.

  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.