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12/10/2011

LG Futures’ business rates retention model used by 51 authorities

Following on from the government’s consultation on business rates retention, LG Futures has developed a bespoke model to forecast the potential financial implications of the proposals.  This considers five-year resource forecasts from 2013/14 to 2017/18; scenario analysis for a range of options put forward in the consultation; and the impact of pooling.  To date, 51 authorities have commissioned LG Futures to provide forecasting and interpretation of the business rates retention proposals.

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