MONEY MATTERS

摘要

The LGiU and The MJ council finances survey gives mixed reviews of how localist the Government's policies are, and what the impact will be. A majority believe the Government's Finance Bill is decentralising, but around half are concerned they will lose out in changes to business rates. There is concern among most finance officers that the localisation of business rates will lead to a two-tier system of top-up and tariff councils. One way of mitigating this risk is to pool business rates with neighbouring councils - but only 16% of councils are intending to do this.