HC Deb 05 April 1990 vol 170 c772W
Mr. Gareth Wardell

To ask the Secretary of State for Wales what is the rate poundage that will be used in Wales as the basis for calculating the uniform business rate.

Mr. Peter Walker

The uniform business rate poundage for Wales is 36.8p. The method of calculating it did not depend upon a particular level of rate poundage. It has been set in line with the Government's commitment to raise broadly the same amount in real terms from private businesses and the nationalised industries in the first year of the new system as in the last year of the old.