Schedule 1 — Local retention of non-domestic rates

Part of Local Government Finance Bill – in the House of Commons at 6:00 pm on 18th January 2012.

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Photo of Andrew Gwynne Andrew Gwynne Shadow Minister (Health) 6:00 pm, 18th January 2012

Does my hon. Friend agree that an unforeseen consequence of the Bill could be that local authorities become overly dependent on one type of economic development—the type they can generate the most from in business rates? In an area such as mine, that would mean an overdependence on retail.