Comments on: Battle looms over costs of Bristol’s World Cup dream http://www.bristol247.com/2009/11/24/battle-looms-over-costs-of-bristols-world-cup-dream/ Bristol news, sport, opinion, information and digital marketing Wed, 10 Mar 2010 20:10:21 +0000 http://wordpress.org/?v=abc hourly 1 By: Simon Cook http://www.bristol247.com/2009/11/24/battle-looms-over-costs-of-bristols-world-cup-dream/comment-page-1/#comment-568 Simon Cook Wed, 25 Nov 2009 17:28:44 +0000 http://www.bristol247.com/?p=4727#comment-568 We are obviously delighted to hear points of view about a possible extra business rate from anyone in the city's business community. But Nick Sturge cannot get away with saying that, even without such a rate being imposed, the city council would automatically benefit 'because there would be more businesses thriving and so business rates would increase'. As Nick well knows, no matter how well business in the city is doing, the money we collect each year in business rates all goes to the government. However much or little it is, we keep none of it. Ministers reallocate the nation's business rates back to local authorities on a per capita basis. However, the extra business rate that the council may consider imposing towards World Cup costs is a different matter. The proceeds of such a tax would in this case accrue directly to the council, so long as it was all spent on the project it was raised for. Simon Cook, Deputy Leader, Bristol City Council We are obviously delighted to hear points of view about a possible
extra business rate from anyone in the city’s business community. But
Nick Sturge cannot get away with saying that, even without such a rate
being imposed, the city council would automatically benefit ‘because
there would be more businesses thriving and so business rates would
increase’. As Nick well knows, no matter how well business in the city
is doing, the money we collect each year in business rates all goes to
the government. However much or little it is, we keep none of it.
Ministers reallocate the nation’s business rates back to local
authorities on a per capita basis. However, the extra business rate that
the council may consider imposing towards World Cup costs is a different
matter. The proceeds of such a tax would in this case accrue directly to
the council, so long as it was all spent on the project it was raised
for.

Simon Cook, Deputy Leader, Bristol City Council

]]> By: Bristol Bid Boss: FIFA Contract Is “Non-Negotiable” « Jones The News http://www.bristol247.com/2009/11/24/battle-looms-over-costs-of-bristols-world-cup-dream/comment-page-1/#comment-565 Bristol Bid Boss: FIFA Contract Is “Non-Negotiable” « Jones The News Wed, 25 Nov 2009 00:08:08 +0000 http://www.bristol247.com/?p=4727#comment-565 [...] last night’s meeting saw disagreements between politicians and business leaders over who should foot the bill for the [...] [...] last night’s meeting saw disagreements between politicians and business leaders over who should foot the bill for the [...]

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