Local Government Finance

Part of the debate – in the House of Commons at 3:27 pm on 22nd February 2017.

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Photo of Sajid Javid Sajid Javid The Secretary of State for Communities and Local Government 3:27 pm, 22nd February 2017

Again, I thank my hon. Friend for the role he has played in making sure that this issue is looked at properly. As he will know, the commitment we have made on business rates retention, which we want to start in the financial year 2019-20, means that there will be a requirement to have the proper baseline set for all local authorities before that system can be properly brought in. I hope that that gives him some comfort on the timing that is necessary given that the two things—the fair funding review and the business rates retention plan—are very much interlinked. There will be various staging posts on the way. As always, I am more than happy to sit down with him to take him through those and discuss this further.