Rates (London Pooling)

HC Deb 17 February 1975 vol 886 cc307-8W

Mr. George Cunningham

asked the Secretary of State for the Environment what was the value in 1974–75 of the transfer of funds from inner London to outer London boroughs under the London Rate Pooling Scheme; and what would be the transfer if the inner London contribution remains at a 2p rate.

Mr. John Silkin

About £21 million in both cases, on the estimates of the London Boroughs Association. However, because of inflation this sum would represent a smaller transfer in real terms in 1975–76 than in 1974–75.