HC Deb 28 April 2003 vol 404 cc168-9W
Jon Trickett

To ask the Chancellor of the Exchequer when he will make a further statement about the proposal to allow local authorities to share with Her Majesty's Treasury the benefits of new business creation outlined in the Budget speech. [109921]

John Healey

The Government will consult this summer on the detailed proposals for a scheme to allow local authorities to retain some or all of the increases in business rates revenue as a result of economic growth in their area.