HC Deb 02 April 1963 vol 675 c221
20. Mr. Montgomery

asked the Minister of Housing and Local Government and Minister for Welsh Affairs how much money will accrue to the Newcastle-upon-Tyne City Council by the rerating of industry.

Sir K. Joseph

I estimate that industry in the city will pay about £199,000 more in rates in 1963–64 than they would have done had there been no revaluation or rerating and about £380,000 more than if the revaluation had been carried out but derating retained.