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Business Rates
George Osborne announced today that local councils will be able to keep more of the business rates they collect, instead of paying them into a national pool.
Cheers all round from everyone in Hyndburn who believes in localisation...
...until they realise that Hyndburn has benefited massively over the years by getting millions more from the non domestic rates pool than they collect in the borough.
So Hyndburn will be massively worse off.
Its a ruse to reward the more wealthy areas for voting Conservative.
The 'working class' Tory voters in constituencies like Hyndburn are the first victims of a Government that is shifting massively to the right.......
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