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Financial Devolution for Local Growth

Centre for Cities

Financial Devolution for Local Growth is an independent survey of public and private sector leaders’ views on new funding tools for urban investment.

Report 6 Feb 2008
city solutions: financing local growth

Ben Harrison

Supplementary Business Rates (SBRs) have recently been proposed as a mechanism to allow cities to generate additional funds for infrastructure investment. This paper presents new analysis that illustrates their possible contribution and the main challenges that must be tackled by city leaders, business and central government if SBRs are to finance local growth. It is part of the joint City Solutions project undertaken by Centre for Cities and PricewaterhouseCoopers LLP.

Report 27 Aug 2007