Andrew Carter comments on the most recent developments of the Local Government Finance Bill.
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Zach Wilcox highlights the strengths and weaknesses of the Local Government Finance Bill so far.
Proposals in the new bill could lead to perverse planning incentives
Andrew Carter (Director of Policy and Research, Centre for Cities) outlines his thoughts on changes to local government finance
Could a fairer and more inclusive system reward more cities that support economic growth?
In order to unlock the potential of cities and increase private sector growth, the Government will need to adopt a radical new approach to economic development.
Since the announcement of the LGRR consultation, the Centre for Cities has been an active researcher, collaborator and discussant about the proposed measures. Our research provides a well-rounded and thoughtful response to the LGRR consultation, as summarised here.
The LGRR has the potential to transform the way that local government finances are allocated in the future and opens up the opportunity for London local authorities to work together in a pan-London business rates pool.
The Government has the opportunity to create a simple, strong, long-term financial incentive for growth. Eric Pickles has started out in the right direction, yet there still remains room for improvement.
With the right design, the NHB and LGRR can create financial incentives for growth that benefit Britain’s cities, and the UK economy as a whole.