City Solutions: Towards a Supplementary Business Rate
Date: 06/09/2007
Speakers:
David Frost, Director General, British Chambers of Commerce
John Ross, Policy Director, Economic and Business Policy, Greater London Authority
John Cridland, Deputy Director-General, CBI
Paul Coen, Chief Executive, Local Government Association
Cities are the building blocks of the national economy – but they lack the financial resources needed to deliver capital investment, a key component of economic growth. The recent Sub-National Review of Economic Development and Regeneration proposed Supplementary Business Rates (SBRs) as a mechanism to enable cities to generate additional funds for infrastructure investment. However, a number of significant barriers still need to be overcome if SBRs are to be used to support investment in England's cities.
For more on the revenue-raising potential of Supplementary Business Rates, download our new paper.






