Local Weather

Heavy Rain

Heavy Rain

max temp: 27°C

min temp: 19°C

Five-day forecast

Havering Council will be expressing an interest to join a business rate pool with three other councils.

To send a link to this page to a friend, you must be logged in.

The decision was approved at last week’s cabinet meeting on Wednesday night and means that if the plans are approved, it would join a pool with Thurrock, Basildon and Barking and Dagenham Councils.

The changes are part of the government’s new Business Rates Retention Scheme launched this year and means that Havering could keep 30 per cent of its business rates to use for business growth in the borough.

Officers will start discussions about forming the pool and prepare a draft document about the arrangements. A further report will come to the cabinet at a later date.

Cllr Roger Ramsey, cabinet member for value, said it would work well because Havering and Barking and Dagenham were “business rate poor”, while Thurrock and Basildon were “business rate rich”, so by joining together they could pool their resources.

He added: “No council would be worse off that they are at the moment.”

Share this article

0 comments

   Local advertisers

Click here to read the Digital Edition of the Romford Recorder on screen
Use our Wedding site to help you plan your big day!
At WeddingSite we know how much you have to organise for your wedding day, that's why we have designed a set of FREE, simple-to-use tools to make the planning process easy & hassle-free. FIND OUT MORE
Find a date using our online dating and friend finder
You can meet new friends, find romance or simply meet up online with people sharing similar interests and hobbies. FIND OUT MORE
Find a local business using our online directory search
Need a plumber? Or a florist? Or anything else? Search our business directory to find Romford businesses in just a few seconds. FIND OUT MORE
Family notices from the Romford Recorder, with readers' tributes
In memoriam, birthdays, weddings, anniversaries, best wishes & special days. FIND OUT MORE

Around the Web See all