London Finance Commission

Meeting: 
MQT on 2016-02-22
Session date: 
February 22, 2016
Reference: 
2016/0518
Question By: 
Fiona Twycross
Organisation: 
Labour Group
Asked Of: 
The Mayor
Category: 

Question

Please provide an update on progress towards delivering the recommendations of the London Finance Commission?

Answer

Answer for London Finance Commission

Answer for London Finance Commission

Answered By: 
The Mayor

The strong case for the devolution of property taxes, as set out in the London Finance Commission report, is regularly made to ministers, government representatives, Parliamentarians and others. Following my lobbying, the Chancellor confirmed in October last year the Government's intention to devolve some Business Rates, a key recommendation of the London Finance Commission and one I strongly welcome.