1
From: Greg Hands MP [email protected] Subject: News Bulletin from Greg Hands MP #447 Date: 12 October 2015 at 11:34 To: [email protected] In this edition: Greg Hands MP’s Diary Website of the Week: Hammersmith & Fulham Forum Greg Hands welcomes Conservative Conference message of security, stability and opportunity Photo news: Conservative Party Conference 2015 Greg Hands discusses "winning the case for capitalism; how to maintain support for the free market" with Reform and the London Stock Exchange Group Photo news: HMRC Edinburgh Greg Hands addresses PwC roundtable in Manchester on tax, productivity, and infrastructure Chancellor George Osborne unveils 'Devolution Revolution' at Conservative Party Conference Have Your Say on Noisy Building Works in K&C 7 ways to contact Greg Hands Issue 447 - Monday 12th October 2015 Since the last edition, Greg: Attended and addressed Conservative Parry Conference in Manchester. For more details of Greg’s various speeches and engagements, see below. Was interviewed live by Iain Dale on LBC about the Conservative conference, and the positive impact of various announcements on London. Addressed a business leaders round table in Manchester, organised by Price Waterhouse Coopers. Visited HMRC offices in Edinburgh to see at first hand how officials are making preparations for the Scottish Rate of Income Tax from April 2016. Met Scottish Finance Minister, John Swinney MSP, in Edinburgh, to discuss the forthcoming Fiscal Framework between the UK and Scottish Governments. Website of the Week: www.hammersmithfulhamforum.com The website of the Hammersmith & Fulham Forum – local news and views in Hammersmith & Fulham Borough. Greg Hands welcomes Conservative Conference message of security, stability and opportunity Speaking at the end of Conservative Party Conference in Manchester, Chief Secretary and MP for Chelsea & Fulham said: “We are compassionate Conservatives who are truly on the side of working people – whatever stage of life they are at. While other political parties are in chaos and losing their heads, we are squarely on the common ground. We have shown how we have the drive and the ideas to deliver security, stability and opportunity for the people of Britain.” Greg, who addressed various fringe and other meetings at Conference, added: “This Conference has gone very well for the Party. We have made a number of important announcements on building more homes, on reforming GP services, on local government devolution, on selling Lloyds Bank shares to the public and in boosting our infrastructure.” “At the election, we made clear commitments to the British public, and we haven’t wasted a minute in delivering them. The Queen’s Speech contained Bills to deliver 30 hours of free childcare; 3 million new apprenticeships; the extension of Right to Buy; and an EU referendum. The Summer Budget cut taxes for millions of hardworking people and introduced the National Living Wage. But there is still much more to do.” Photo news: Conservative Party Conference 2015 Greg Hands MP visiting the British Heart Foundation stand at Conservative Party Conference last week. Greg Hands MP visiting the Anthony Nolan Trust stand at Conservative Party Conference last week. Greg Hands MP visiting the Cancer Research stand at Conservative Party Conference last week. Greg Hands MP visiting the Care & Support Alliance stand at Conservative Party Conference last week. Greg Hands MP visiting the Aldermore Banking stand at Conservative Party Conference last week. Greg Hands MP arriving at the Hammersmith Conservatives lunch at Conservative Party Conference in Manchester last week. Greg with Kensington, Chelsea & Fulham Conservative members at the Conservative Party Conference in Manchester last week. Greg Hands discusses “winning the case for capitalism; how to maintain support for the free market” with Reform and the London Stock Exchange Group Greg Hands MP addressing the Reform Think Tank fringe at Conservative Party Conference last week. On Tuesday, 6 October, during the Conservative Party Conference, Chief Secretary to the Treasury and Member of Parliament for Chelsea & Fulham, Greg Hands, contributed to a panel discussion at a fringe event organised by Reform, an independent and non-partisan think tank whose mission is to devise a better way to deliver public services and economic prosperity. Also speaking on the panel were Andrew Haldenby, co-founder and Director of Reform, Xavier Rolet, Chief Executive of the London Stock Exchange Group (LSEG), and Tim Hames, Director General of the British Private Equity and Venture Capital Association. Greg Hands’s contribution came in the wake of Reform’s publication of his article titled “When making the case for the Free Market, we need to do more than just win elections”. The panel’s discussion covered a range of topics, from the respective vote-shares for the Conservative Party and the combined anti-capitalist parties in the recent General Election, to the dramatically larger population of London when compared with the UK’s second largest city, Birmingham. Speaking after the event, Greg Hands said: “It was a great honour to attend this year’s Conservative Party Conference, our first in eighteen years as a majority Government. However, we must not rest on our laurels; we need to do more than win the next General Election; we need to re-win the case for capitalism. “These days, it can be hard to find a proper anti-capitalist opponent, and one would have to travel to Caracas or Pyongyang, for example, to do so. It is therefore more difficult to make the case for capitalism without such an immediate threat, although the new Labour leadership is a cause for concern. Accordingly, I would like to thank my fellow members of the panel, as well as the audience, for a thought- provoking discussion as we seek to maintain support for the free market.” A copy of Greg Hands’s article follows below: Rt Hon. Greg Hands MP: When making the case for the Free Market, we need to do more than just win elections At the time of writing, “Corbynmania” is in full swing in the Labour Party, the SNP is vying to be the flag-waver for “anti-austerity” and a new LibDem leader is vowing to move his Party to the Left as well. Tube strikes are continuing and the political influence of militant trades unions seems to be stronger than at any time since 1990. Britain’s second, third and fourth parties all seem to be moving to the Left, and there is a danger that the “centre left” in Britain may disappear entirely, at least for a parliament. A common theme of all of these trends is to question the workings and efficacy of the free market – nationalisation, ‘good’ and ‘bad’ companies, punitive taxation, etc. To some of us, there really are similarities here with the 1980s, at least in some aspects. The main difference to the 1980s is that those of us defending the free market had a real, existing example of the opposite phenomenon – Soviet-led socialism. In 1989, one could travel approximately three hours from where I am sitting now to find oneself right in the middle of it, in, say, East Berlin. Indeed, I did, I went 48 times to the old East Germany between 1985 and 1989, and saw for myself the grim experience of so many in what was the Eastern Bloc’s most advanced state, and how conformity, the lack of private ownership, the lack of privacy, the destruction of individuality and economic stagnation did to both people and prosperity. In 2015, it takes a long time (and some expense) to see Pyongyang, Havana or Caracas in person. The BBC don’t seem so keen on reporting from those countries either. So our challenge in this decade is to make the case for the free market without an easy illustration of the opposite phenomenon. We should not take it for granted that electoral success for supporters of the free market that we saw in May 2015, or indeed across most Western countries in recent years, necessarily means we have won the argument for the free market more generally. It is worth remembering the words of Margaret Thatcher, who told us that Blair and New Labour were one of her greatest achievements, “We forced our opponents to change their minds.” Labour is even considering reviving Clause IV of their constitution. It is worth stating its precise words: that the Labour Party should “secure for the workers by hand or by brain the full fruits of their industry and the most equitable distribution thereof that may be possible upon the basis of the common ownership of the means of production, distribution and exchange, and the best obtainable system of popular administration and control of each industry or service.” Common ownership. Distribution. Control. Such phrases are wholly at odds with the spontaneous order of the free-market economy, which most of us on the centre right assume is a proven success story. The hard left may be ridiculous, counter-factual and ahistorical, but they are also dangerous, and supporters of the free-market economy should be concerned. Fortunately, we have some solid foundations on which to build. I was impressed during the election how well David Cameron and George Osborne framed the central argument about public services, namely that one needed a strong economy to fund strong public services. This wasn’t always an argument we made well in the 1980s. Even for parts of the public who aren’t natural enthusiasts for the free market, this argument can be very powerful. Namely, that we need strong businesses to create jobs, to pay the taxes which we need to fund the public services which so many people depend on. Distilled into its simplest form was the slogan “You can’t have a strong NHS without a strong economy”. I would like to see all of us on the centre right take time out of our busy schedules to make the case more strongly for the free market. If socialism returns to government in this country, our children may not forgive us if we hadn’t. This article appeared in the September 2015 magazine of the Reform think tank Photo news: HMRC Edinburgh Chief Secretary, Greg Hands MP, at his visit to the HMRC offices in Elgin House, Edinburgh, this week to hear at first hand about the implementation of the Scottish Rate of Income Tax from April 2016. Greg Hands addresses PwC roundtable in Manchester on tax, productivity, and infrastructure Investing in infrastructure, improving productivity, and engaging the public in discussing tax were top of the agenda at a recent roundtable hosted by PwC and attended by Chief Secretary to the Treasury and Member of Parliament for Chelsea & Fulham, Greg Hands. Greg Hands, who is in charge of Government spending at Her Majesty’s Treasury, had the opportunity to address a number of local business leaders as well as representatives of industry and professional organisations at PricewaterhouseCoopers’ offices in Manchester during the Conservative Party Conference. Productivity was a focus for many of the businesses in the room, and the discussion included how improved connectivity between regions and cities might enable a greater spread of skills across the UK. Accordingly, the roundtable drew attention to the Government paper “Fixing the Foundations: Creating a more prosperous nation”, which was published in July 2015 and can be found at www.gov.uk/government/publications/fixing-the-foundations- creating-a-more-prosperous-nation , and which also discusses productivity in the UK. The group discussed devolution and the need for clearer communication on the objectives and purpose of tax policies, and PwC emphasised the need for long-term road maps setting out the end goal in order to engage the public more closely in the tax agenda. According to PwC, this was a view that they have heard consistently when speaking to businesses, the public – including students – and their own employees as part of their “Paying for Tomorrow” campaign on the future of tax. PwC expressed the opinion that ultimately people are more likely to support a system that they understand. Speaking after the event, Greg Hands said: “I would like to thank PwC for inviting me to address the panel on possible directions for the UK economy. While tax is not directly part of my remit as Chief Secretary to the Treasury, I was grateful for the chance to engage representatives of local business and professional bodies, and I trust that the discussion was fruitful for all present.” More information on PwC’s “Paying for Tomorrow” project can be found at www.pwc.co.uk/issues/futuretax.html . Chancellor George Osborne unveils ‘Devolution Revolution’ at Conservative Party Conference The Chancellor has set out major plans to devolve new powers from Whitehall to local areas to promote growth and prosperity. By the end of the Parliament, local government will be able to retain 100 per cent of local taxes – including all £26 billion of revenue from business rates – to spend on local government services. Fixing the current broken system of financing local government will be a huge boost to local growth, help attract business and create jobs. The government will also abolish the Uniform Business Rate and give local authorities the power to cut business rates to boost enterprise and economic activity in their areas. Local areas which successfully promote growth and attract businesses will keep all of the benefit from increased business rate revenues. At the same time, the core grant from Whitehall will be phased out, and local government will take on new responsibilities. Those areas which choose to have city-wide elected mayors will get even greater flexibilities, also being given the power to increase rates for spending on local infrastructure projects, as long as they win the support of local business. The reform will mean local government retaining all revenue from business rates for the first time since 1990. These new powers must come with new responsibilities, as well as phasing out the main grant from Whitehall, to ensure the reforms are fiscally neutral. Local government will of course also need to contribute to fiscal consolidation over this Parliament, and the government will set out further details in the Spending Review. Since 1990, local business rates have been set by central government at a uniform national rate. Rates are collected locally, but then transferred to central government to be distributed back to local areas in the form of grant. Since 2013, local councils have been enabled to retain 50 per cent of the proceeds of rates, to ensure that when local areas take steps to boost business growth in their area, they should see the benefit. The latest reforms go much further, moving to 100 per cent retention of the full stock of business rates by 2020. It will mean that all income from local taxes will go on funding local services. Local authorities will be able to cut business rates as much as they like. Directly elected mayors – once they have support of local business leaders through a majority vote of the business members of the Local Enterprise Partnership – will be able to add a premium to business rates to pay for new infrastructure. This power will be limited by a cap, likely to be set at 2p on the rate. Have Your Say on Noisy Building Works in K&C Residents and businesses have until Wednesday 21 October to give their views on Council proposals to limit the number of hours noisy construction work can take place in Kensington and Chelsea during the week. The Council is also proposing to prohibit noisy building work on Saturdays which will mean contractors would no longer be able to carry out activities such as demolition work, piling or drilling, which can be heard at the site boundary, on the weekend. These are just two of the proposals contained in a draft Code of Construction Practice produced by the Royal Borough of Kensington and Chelsea, which also urges construction companies to improve the way they communicate with neighbours who will be disturbed by noisy and dusty works. If the Code is adopted the permitted hours for noisy construction work, defined as work audible at the site boundary, would be reduced by 30- minutes on weekdays with work expected to finish at 6pm. At present construction work is allowed on a Saturday between 8am and 1pm in Kensington and Chelsea. If the Code is adopted after consultation any work that can be heard at a site boundary would be prohibited on Saturdays. Councillor Tim Ahern, the Royal Borough of Kensington and Chelsea’s Cabinet Member for Environmental Health, said: “Construction work is part and parcel of everyday life, but in such a densely populated borough as Kensington and Chelsea it is very important that we do whatever we can to make sure disruption to residents’ lives is minimised. “We think the proposals contained in our draft Code of Construction Practice are sensible and recognise the needs to undertake noisy and dusty work but focus the minds of developers and builders to the need to communicate clearly and mitigate, wherever possible, the impact their works are having.” Comments on the draft Code of Construction Practice can be made until Wednesday 21 October 2015. At the end of the consultation period, all responses will be considered and the Code amended as appropriate prior to its formal adoption later this year. For more information about the draft Code of Construction Practice and to comment go to www.rbkc.gov.uk/draftcode . 7 ways to contact Greg Hands MP: By Phone: 020 7219 5448 By email: [email protected] By post: Greg Hands MP House of Commons London SW1A 0AA In person: Click here for details of how to book an appointment at Greg Hands’s weekly surgery www.greghands.com More news from Greg Hands MP, coming soonPlease forward this email on to anyone you think may be interested. If you have had this email forwarded to you and would like to be added to the mailing list, please send an email to: [email protected] with “JOIN” in the subject heading. To unsubscribe from this list, please return an e-mail to [email protected] with "UNSUBSCRIBE" in the subject heading. www.greghands.com Published & Promoted by Jonathan Fraser-Howells on behalf of Greg Hands, both of 44 Southern Row, London, W10 5AN

News Bulletin From Greg Hands MP #447

Embed Size (px)

DESCRIPTION

News Bulletin From Greg Hands MP #447

Citation preview

  • From: Greg Hands MP [email protected]: News Bulletin from Greg Hands MP #447

    Date: 12 October 2015 at 11:34To: [email protected]

    In this edition:

    Greg Hands MPs Diary Website of the Week:Hammersmith & FulhamForum Greg Hands welcomesConservative Conferencemessage of security,stability and opportunity Photo news:Conservative PartyConference 2015 Greg Hands discusses"winning the case forcapitalism; how to maintainsupport for the free market"with Reform and theLondon Stock ExchangeGroup Photo news:HMRC Edinburgh Greg Hands addressesPwC roundtable inManchester on tax,productivity, andinfrastructure Chancellor GeorgeOsborne unveils 'DevolutionRevolution' at ConservativeParty Conference Have Your Say on NoisyBuilding Works in K&C 7 ways to contact Greg Hands

    Issue 447 - Monday 12th October 2015

    Since the last edition, Greg:

    Attended and addressed Conservative Parry Conference inManchester. For more details of Gregs various speeches andengagements, see below.Was interviewed live by Iain Dale on LBC about theConservative conference, and the positive impact of variousannouncements on London.Addressed a business leaders round table in Manchester,organised by Price Waterhouse Coopers.Visited HMRC offices in Edinburgh to see at first hand howofficials are making preparations for the Scottish Rate ofIncome Tax from April 2016.Met Scottish Finance Minister, John Swinney MSP, inEdinburgh, to discuss the forthcoming Fiscal Frameworkbetween the UK and Scottish Governments.

    Website of the Week:www.hammersmithfulhamforum.com The website of the Hammersmith & Fulham Forum local newsand views in Hammersmith & Fulham Borough.

    Greg Hands welcomes ConservativeConference message of security, stabilityand opportunity Speaking at the end of Conservative Party Conference in Manchester,Chief Secretary and MP for Chelsea & Fulham said: We arecompassionate Conservatives who are truly on the side of workingpeople whatever stage of life they are at. While other political partiesare in chaos and losing their heads, we are squarely on the commonground. We have shown how we have the drive and the ideas todeliver security, stability and opportunity for the people of Britain. Greg, who addressed various fringe and other meetings atConference, added: This Conference has gone very well for the Party.We have made a number of important announcements on buildingmore homes, on reforming GP services, on local governmentdevolution, on selling Lloyds Bank shares to the public and in boostingour infrastructure. At the election, we made clear commitments to the British public, andwe havent wasted a minute in delivering them. The Queens Speechcontained Bills to deliver 30 hours of free childcare; 3 million newapprenticeships; the extension of Right to Buy; and an EUreferendum. The Summer Budget cut taxes for millions of hardworkingpeople and introduced the National Living Wage. But there is stillmuch more to do.

    Photo news:Conservative Party Conference 2015

    Greg Hands MP visiting the British Heart Foundation stand atConservative Party Conference last week.

    Greg Hands MP visiting the Anthony Nolan Trust stand atConservative Party Conference last week.

    Greg Hands MP visiting the Cancer Research stand atConservative Party Conference last week.

    Greg Hands MP visiting the Care & Support Alliance stand atConservative Party Conference last week.

    Greg Hands MP visiting the Aldermore Banking stand atConservative Party Conference last week.

    Greg Hands MP arriving at the Hammersmith Conservativeslunch at Conservative Party Conference in Manchester last week.

    Greg with Kensington, Chelsea & Fulham Conservative membersat the Conservative Party Conference in Manchester last week.

    Greg Hands discusses winning the casefor capitalism; how to maintain support forthe free market with Reform and theLondon Stock Exchange Group

    Greg Hands MP addressing the Reform Think Tank fringe atConservative Party Conference last week.

    On Tuesday, 6 October, during the Conservative Party Conference,Chief Secretary to the Treasury and Member of Parliament forChelsea & Fulham, Greg Hands, contributed to a panel discussion ata fringe event organised by Reform, an independent and non-partisanthink tank whose mission is to devise a better way to deliver publicservices and economic prosperity. Also speaking on the panel were Andrew Haldenby, co-founder andDirector of Reform, Xavier Rolet, Chief Executive of the London StockExchange Group (LSEG), and Tim Hames, Director General of theBritish Private Equity and Venture Capital Association. Greg Handss contribution came in the wake of Reforms publication ofhis article titled When making the case for the Free Market, we needto do more than just win elections. The panels discussion covered arange of topics, from the respective vote-shares for the ConservativeParty and the combined anti-capitalist parties in the recent GeneralElection, to the dramatically larger population of London whencompared with the UKs second largest city, Birmingham. Speaking after the event, Greg Hands said: It was a great honour toattend this years Conservative Party Conference, our first in eighteenyears as a majority Government. However, we must not rest on ourlaurels; we need to do more than win the next General Election; weneed to re-win the case for capitalism. These days, it can be hard to find a proper anti-capitalist opponent,and one would have to travel to Caracas or Pyongyang, for example,to do so. It is therefore more difficult to make the case for capitalismwithout such an immediate threat, although the new Labour leadershipis a cause for concern. Accordingly, I would like to thank my fellowmembers of the panel, as well as the audience, for a thought-provoking discussion as we seek to maintain support for the freemarket. A copy of Greg Handss article follows below: Rt Hon. Greg Hands MP: When making the case forthe Free Market, we need to do more than just winelections At the time of writing, Corbynmania is in full swing in the LabourParty, the SNP is vying to be the flag-waver for anti-austerity and anew LibDem leader is vowing to move his Party to the Left as well.Tube strikes are continuing and the political influence of militant tradesunions seems to be stronger than at any time since 1990. Britainssecond, third and fourth parties all seem to be moving to the Left, andthere is a danger that the centre left in Britain may disappear entirely,at least for a parliament. A common theme of all of these trends is to question the workings andefficacy of the free market nationalisation, good and badcompanies, punitive taxation, etc. To some of us, there really are similarities here with the 1980s, at leastin some aspects. The main difference to the 1980s is that those of usdefending the free market had a real, existing example of the oppositephenomenon Soviet-led socialism. In 1989, one could travelapproximately three hours from where I am sitting now to find oneselfright in the middle of it, in, say, East Berlin. Indeed, I did, I went 48times to the old East Germany between 1985 and 1989, and saw formyself the grim experience of so many in what was the Eastern Blocsmost advanced state, and how conformity, the lack of privateownership, the lack of privacy, the destruction of individuality andeconomic stagnation did to both people and prosperity. In 2015, it takes a long time (and some expense) to see Pyongyang,Havana or Caracas in person. The BBC dont seem so keen onreporting from those countries either. So our challenge in this decadeis to make the case for the free market without an easy illustration ofthe opposite phenomenon. We should not take it for granted thatelectoral success for supporters of the free market that we saw in May2015, or indeed across most Western countries in recent years,necessarily means we have won the argument for the free marketmore generally. It is worth remembering the words of MargaretThatcher, who told us that Blair and New Labour were one of hergreatest achievements, We forced our opponents to change theirminds. Labour is even considering reviving Clause IV of their constitution. It isworth stating its precise words: that the Labour Party should securefor the workers by hand or by brain the full fruits of their industry andthe most equitable distribution thereof that may be possible upon thebasis of the common ownership of the means of production,distribution and exchange, and the best obtainable system of popularadministration and control of each industry or service. Common ownership. Distribution. Control. Such phrases are wholly atodds with the spontaneous order of the free-market economy, whichmost of us on the centre right assume is a proven success story. Thehard left may be ridiculous, counter-factual and ahistorical, but theyare also dangerous, and supporters of the free-market economyshould be concerned. Fortunately, we have some solid foundations on which to build. I wasimpressed during the election how well David Cameron and GeorgeOsborne framed the central argument about public services, namelythat one needed a strong economy to fund strong public services. Thiswasnt always an argument we made well in the 1980s. Even for partsof the public who arent natural enthusiasts for the free market, thisargument can be very powerful. Namely, that we need strongbusinesses to create jobs, to pay the taxes which we need to fund thepublic services which so many people depend on. Distilled into itssimplest form was the slogan You cant have a strong NHS without astrong economy. I would like to see all of us on the centre right take time out of ourbusy schedules to make the case more strongly for the free market. Ifsocialism returns to government in this country, our children may notforgive us if we hadnt. This article appeared in the September 2015 magazine of the Reform

    think tank

    Photo news:HMRC Edinburgh

    Chief Secretary, Greg Hands MP, at his visit to the HMRC officesin Elgin House, Edinburgh, this week to hear at first hand about

    the implementation of the Scottish Rate of Income Tax from April2016.

    Greg Hands addresses PwC roundtable inManchester on tax, productivity, andinfrastructure Investing in infrastructure, improving productivity, and engaging thepublic in discussing tax were top of the agenda at a recent roundtablehosted by PwC and attended by Chief Secretary to the Treasury andMember of Parliament for Chelsea & Fulham, Greg Hands. Greg Hands, who is in charge of Government spending at HerMajestys Treasury, had the opportunity to address a number of localbusiness leaders as well as representatives of industry andprofessional organisations at PricewaterhouseCoopers offices inManchester during the Conservative Party Conference. Productivity was a focus for many of the businesses in the room, andthe discussion included how improved connectivity between regionsand cities might enable a greater spread of skills across the UK.Accordingly, the roundtable drew attention to the Government paperFixing the Foundations: Creating a more prosperous nation, whichwas published in July 2015 and can be found atwww.gov.uk/government/publications/fixing-the-foundations-creating-a-more-prosperous-nation, and which also discussesproductivity in the UK. The group discussed devolution and the need for clearercommunication on the objectives and purpose of tax policies, andPwC emphasised the need for long-term road maps setting out theend goal in order to engage the public more closely in the tax agenda.According to PwC, this was a view that they have heard consistentlywhen speaking to businesses, the public including students andtheir own employees as part of their Paying for Tomorrow campaignon the future of tax. PwC expressed the opinion that ultimately peopleare more likely to support a system that they understand. Speaking after the event, Greg Hands said: I would like to thank PwCfor inviting me to address the panel on possible directions for the UKeconomy. While tax is not directly part of my remit as Chief Secretaryto the Treasury, I was grateful for the chance to engagerepresentatives of local business and professional bodies, and I trustthat the discussion was fruitful for all present. More information on PwCs Paying for Tomorrow project can befound at www.pwc.co.uk/issues/futuretax.html.

    Chancellor George Osborne unveilsDevolution Revolution at ConservativeParty Conference The Chancellor has set out major plans to devolve new powers fromWhitehall to local areas to promote growth and prosperity. By the end of the Parliament, local government will be able to retain100 per cent of local taxes including all 26 billion of revenue frombusiness rates to spend on local government services. Fixing thecurrent broken system of financing local government will be a hugeboost to local growth, help attract business and create jobs. The government will also abolish the Uniform Business Rate and givelocal authorities the power to cut business rates to boost enterpriseand economic activity in their areas. Local areas which successfullypromote growth and attract businesses will keep all of the benefit fromincreased business rate revenues. At the same time, the core grantfrom Whitehall will be phased out, and local government will take onnew responsibilities. Those areas which choose to have city-wide elected mayors will geteven greater flexibilities, also being given the power to increase ratesfor spending on local infrastructure projects, as long as they win thesupport of local business. The reform will mean local government retaining all revenue frombusiness rates for the first time since 1990. These new powers mustcome with new responsibilities, as well as phasing out the main grantfrom Whitehall, to ensure the reforms are fiscally neutral. Localgovernment will of course also need to contribute to fiscalconsolidation over this Parliament, and the government will set outfurther details in the Spending Review. Since 1990, local business rates have been set by central governmentat a uniform national rate. Rates are collected locally, but thentransferred to central government to be distributed back to local areasin the form of grant. Since 2013, local councils have been enabled to retain 50 per cent ofthe proceeds of rates, to ensure that when local areas take steps toboost business growth in their area, they should see the benefit. The latest reforms go much further, moving to 100 per cent retentionof the full stock of business rates by 2020. It will mean that all incomefrom local taxes will go on funding local services. Local authorities will be able to cut business rates as much as theylike. Directly elected mayors once they have support of localbusiness leaders through a majority vote of the business members ofthe Local Enterprise Partnership will be able to add a premium tobusiness rates to pay for new infrastructure. This power will be limitedby a cap, likely to be set at 2p on the rate.

    Have Your Say on Noisy Building Works inK&C Residents and businesses have until Wednesday 21 October to givetheir views on Council proposals to limit the number of hours noisyconstruction work can take place in Kensington and Chelsea duringthe week. The Council is also proposing to prohibit noisy building work onSaturdays which will mean contractors would no longer be able tocarry out activities such as demolition work, piling or drilling, which canbe heard at the site boundary, on the weekend. These are just two of the proposals contained in a draft Code ofConstruction Practice produced by the Royal Borough of Kensingtonand Chelsea, which also urges construction companies to improve theway they communicate with neighbours who will be disturbed by noisyand dusty works. If the Code is adopted the permitted hours for noisy construction work,defined as work audible at the site boundary, would be reduced by 30-minutes on weekdays with work expected to finish at 6pm. At present construction work is allowed on a Saturday between 8amand 1pm in Kensington and Chelsea. If the Code is adopted afterconsultation any work that can be heard at a site boundary would beprohibited on Saturdays. Councillor Tim Ahern, the Royal Borough of Kensington and ChelseasCabinet Member for Environmental Health, said: Construction work ispart and parcel of everyday life, but in such a densely populatedborough as Kensington and Chelsea it is very important that we dowhatever we can to make sure disruption to residents lives isminimised. We think the proposals contained in our draft Code of ConstructionPractice are sensible and recognise the needs to undertake noisy anddusty work but focus the minds of developers and builders to the needto communicate clearly and mitigate, wherever possible, the impacttheir works are having. Comments on the draft Code of Construction Practice can be madeuntil Wednesday 21 October 2015. At the end of the consultationperiod, all responses will be considered and the Code amended asappropriate prior to its formal adoption later this year. For more information about the draft Code of Construction Practiceand to comment go to www.rbkc.gov.uk/draftcode.

    7 ways to contact Greg Hands MP:

    By Phone: 020 7219 5448By email: [email protected] post: Greg Hands MP

    House of CommonsLondon SW1A 0AA

    In person: Click here for details of howto book an appointment atGreg Handss weeklysurgery

    www.greghands.com

    More news from Greg Hands MP, coming soon Please forward this email on to anyone you think may be interested. Ifyou have had this email forwarded to you and would like to be addedto the mailing list, please send an email to: [email protected] with JOIN in the subject heading. To unsubscribe from this list, please return an e-mail [email protected] with "UNSUBSCRIBE" in the subject heading.

    www.greghands.com

    Published & Promoted by Jonathan Fraser-Howells on behalf of Greg Hands, both of 44 Southern Row, London, W10 5AN