Ways and Means

What feedback has the Economic Secretary had from urban regeneration companies and development agencies about these potential tax changes, given that there is a prima facie case that the entrepreneurial spirit needed to regenerate some very disadvantaged parts of the country—he mentioned such places as Hampshire but, as he knows, generally speaking it is not that disadvantaged—would have a big impact? However, these tax changes will be a disincentive to intervening in those areas to get businesses—retail and others—into those properties and premises.