Related link summary
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Departments:
- Communities and Local Government;
- HM Treasury
Summary:
Local authority business growth incentives provide an incentive for local authorities to promote economic growth in their area by allowing them to be rewarded for an increase in rateable value, above a certain level. It is for local authorities to decide how their reward is spent - whether to provide even better public services for their communities, invest in further business growth or to reduce council tax increases. This gives further information.
Update:
-
A press release, a written ministerial statement and other information on the 2007-08 grant determination have been added to the site.
Updated: 26 June 2008
Subjects:
- Consumers, business and industry;
- Economic development;
- Economics and finance;
- Employment, jobs and careers;
- Government and public administration;
- Regional policy