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Local Government Finance

Asked by Paul HolmesConservativeMinistry of Housing, Communities and Local GovernmentTabled Answered 27 November 2024UIN 15001

The question

To ask the Secretary of State for Housing, Communities and Local Government, how much and proportion of local government core spending power was compromised of locally-retained business rate receipts in the 2024-25 financial year; and what estimate her De

Answered by Jim McMahon

Locally retained business rates are £13.5 billion or 21% of LGFS CSP in 24/25.Information for 2025-26 will be included in the forthcoming Local Government Finance Settlement.

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