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Taxes may rise in bid to boost northern councils
Isle of Thanet Gazette
|July 04, 2025
DEPUTY PM RAYNER REVEALS PLANS FOR NEW FORMULA
KENT'S council taxpayers could see their bills rise in order to fund local projects in the north, according to reports in the national press.
Last month Deputy Prime Minister Angela Rayner launched a consultation on plans for “progressive” redistribution of funding from central government via a new formula.
According to a report in the Times, published ahead of the consultation’s release on June 20, the plans could lead to a drop in funding for the wealthier councils - particularly in London and the southeast - forcing them to raise council tax or impose further service cuts.
In the official announcement of the “Fair Funding Review 2.0” Mrs Rayner stated: “We need to take the next, crucial step towards a fairer, simpler funding system that targets money where it is most needed, to the benefit of working families.
“Too many areas have felt the combined impact of reducing government support and low historical tax bases to raise income from.
यह कहानी Isle of Thanet Gazette के July 04, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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