§ Mr. Murphy
asked the Secretary of State for the Environment what factors are taken into account when deciding upon the introduction of a multiplier device to offset the effect of high rateable values into the block grant formula.
§ Mr. King
I refer my hon. Friend to annex L and K of the "Rate Support Grant Reports (England)" 1980 and 1982–83, respectively, for a description of the considerations underlying the two existing arrangements under which rateable values of certain authorities are discounted for the purposes of calculating block grant.