My hon. Friend is getting to the heart of why a pause is needed for deliberation on the possible impacts across the country of such far-reaching changes: some local authorities might have an over-reliance on one sector in developing economic regeneration plans. In my local authority, Tameside, the largest business rate take is from IKEA, the second largest is from Morrisons, and the third largest is from the Crown Point North retail development in Denton. The three main beneficiaries of the proposal would therefore be retail developments. There is no capacity for more retail on such a scale in Tameside without destroying the market across Greater Manchester, of which Tameside is an integral part.
Local Government Finance Bill
Proceeding contribution from
Andrew Gwynne
(Labour)
in the House of Commons on Wednesday, 18 January 2012.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Local Government Finance Bill.
Type
Proceeding contribution
Reference
538 c786 
Session
2010-12
Chamber / Committee
House of Commons chamber
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