Recommendations
Leaders’ Committee is asked to note and discuss:
• the key announcements in the Budget that relate to London local government; and
• the progress of the London business rates pilot pool for 2018-19.
Item 7 - Local Government Finance update: Autumn Budget 2017 and London business rates retention pilot pool 2018-19 (L5/12)
Summary
This report provides an update to Leaders’ Committee on the key announcements in the Autumn Budget 2017 that impact on London local government. These are set out in greater detail in the member briefing at Appendix A.
The report also updates Leaders’ Committee on the progress of the 100% business rates retention pilot for 2018/19, confirmation of which was announced in the Budget.