Thank you for the question. In relation to non-domestic rates and council tax, the intention is for revaluations on the non-most domestic rates side to be every three years, and then five years on the council tax side. There's no real reason why they should be on the same cycle, because they are different taxes, in that sense. I think that the three-year cycle actually responds to what businesses were telling us that they wanted. They wanted frequent revaluations to better reflect the economy locally and the value of that property, but then also to have a degree of stability as well. The three-year cycle has been welcomed by representatives of the business community for the non-domestic rates.

It's not our intention to introduce local referenda for council tax. We do think that the level of council tax should be set by local councils. It is very much a part of local democracy in the way in which people can make their views known to the council. But that said, council tax is only part of the funding that local Government receives. We would want to be in a position to give local government always the best possible settlement, and that does require, I'm afraid, further funding in relation to public services from the UK Government.