George Osborne's plan to allow councils to spend 100% of business rates is akin to allowing heroin addicts an unlimited supply of their drug
Osborne thinks local councils best able to use the tax to promote business.
Sounds fine in theory....but, consider the practice....
When you look at the composition of our Cabinet there is a major deficit of business expertise: in fact, there is none!
We have a retired major from the Education Corps; an insurance broker who has just lost her job and a silly idiot who can't even manage a simple bus contract and whose hubby took away her very hot credit card.
Oh, and a property developing deputy leader who hasn't developed anything but a huge ego.
Imagine these hopeless deadbeats in charge of the tens of millions generated from business rates?
We will all still be paying the same as before, whilst the council indulges itself in 'business' guaranteed to be loss making....vide Chelsea Care and Opera Holland Park.