Sandwell's Economic Growth

I see that after April 2013 some of the councils revenue is to be linked to the Councils ability to support local firms and create jobs in its area.

If Sandwell helps traders and business to set up and flourish it will be able to retain a 50% share in the business rates and on top of that they can keep 50% of of any growth in the business rates.
if they get good growth they should get good money.

Sandwell Tory said

If done right this will help the local economy and help create jobs for local people

but the thing that worries me is

Will the highly qualified workers this could bring be prepared to pay Sandwell Council £24 a week for the pleasure of parking ?

Will our Towns prosper when shop workers, and market traders pay Sandwell Council £24 a week for parking ?


Sadly I Doubt it, remember WBBS 


see also
Rewards for local Authorities with new growth scheme