October 17, 2023 5.00 pm This story is over 10 months old

£10m in savings vs. £45m in lost business rates: Lincoln’s fiscal balance act

Beyond the numbers: Lincoln’s struggle with a skewed business rates system
Labour leader Councillor Ric Metcalfe. | Image: Steve Smailes

Amid a looming £2 million budget deficit, the City of Lincoln Council is faced with a paradox. While championing economic growth and successfully trimming its net revenue spend by roughly £10 million over the past decade, it contends with a business rates system that leaves them shortchanged by millions.

Read the full story on MyLocal Lincolnshire, the new home of The Lincolnite