Land levy to fund Tube work
Series: Financial Times ; 2 August 2001, 5(1)Publication details: 2001Subject(s): Summary: A London property developer has put forward the idea that a levy on increased land values could fund improvements to London Underground. In his book, "Taken for a ride", Don Riley suggests that government could use the tax system to capture additional revenue where public sector projects raise rental values; an example being the rapid land price rises around the new Jubilee line stations.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3730-11 (Browse shelf(Opens below)) | 1 | Available | 113908-1001 |
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A London property developer has put forward the idea that a levy on increased land values could fund improvements to London Underground. In his book, "Taken for a ride", Don Riley suggests that government could use the tax system to capture additional revenue where public sector projects raise rental values; an example being the rapid land price rises around the new Jubilee line stations.