CCN in the Press: Business Rate Retention

On 6th October the Chancellor, George Osborne, announced that ‘By the end of the Parliament, local government will be able to retain 100 per cent of local taxes – including all £26 billion of revenue from business rates – to spend on local government services.’

CCN’s press release and accompanying statement on the announcement from Finance Spokesman, Cllr David Borrow, were featured in articles by the trade and local press. Links to these articles can be accessed below:

Public Sector Executive: Councils to Keep £26bn Business Rates Income- Osborne

Local Government Chronicle: LGA Seeks Complete Freedom to Vary Rates

Lancashire Evening Post: Businesses on Alert Over Rates CCN Exec Papers (206KB - PDF)