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Not sufficient emphasis has been put on the value of new money resulting from rerating.
The point has been made about industry not being fully rerated.
It is perfectly clear that industry ought to be fully rerated.
Now it is being partially rerated and, obviously, there must be an adjustment.
If we rerate industry from a half to a whole, therefore, a further £60 million, approximately, will be available.
But it has said that there appears to be no logical reason why farm buildings should not be rerated.
I say that we should rerate agriculture so that the whole question can be looked at.
I say nothing about rerating or any of the minor issues.
Our glasshouse growers will not be helped by his party's pledge to rerate agricultural land.
We have progressively rerated industry and, by pursuing that policy, have reduced the proportion of rates paid by the great majority of domestic ratepayers.
The local authorities are against it, the teaching profession is against it, and industry is against it so far as it effects rerating.
If industry were fully rerated it would be paying at a lower poundage than if it were partially rerated.
We on this side, have a method of broadening the basis—by completely rerating industry.
I should say that there are many good reasons why they should be rerated.
Most certainly, and that is one of the great arguments for rerating.