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A site with 25,000 transactions is categorised as a poor location and is rated with a net annual value of £2,500; a site with fewer transactions is categorised as a very poor location, but is still rated with a value of £1,500.
She is right about that, but some mechanisms in the bill provide for central control—I suppose that old habits die hard. COSLA has made the point that planning authorities are perfectly well equipped to produce their own supplementary planning guidance to deal with local circumstances.
We are losing out on small and medium-sized enterprise growth in our sector—and that is happening when consolidation of the industry at a slightly different level has meant that bigger London super-indies have acquired some of our indigenous companies, such as Ideal World and the Comedy Unit.
It was a first-class idea. It is a super idea; it got things moving. I cannot think who could have thought of it.Another, similarly good, idea is the zero-interest loan scheme.
However, part of the problem is that it seems that the principal driver for that department is to come up with a super-duper proposal on an issue on which the minister has asked the civil servants to produce a proposal.
I will be happy to let the committee see the specification for the research that is under way. That would be super. I would like to direct my remarks to Gill Ottley.