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By Sarah Hendy - Local Democracy Reporter

Douglas Borough Council has announced the rate for the coming year at 468 pence in the pound.

 

It’s a change which it says needs to be viewed against a backdrop of rising inflation and costs beyond its control.

 

The rate is an increase of 3.8 per cent – that’s 17 pence more than last year when, in the midst of the pandemic, the council announced a 1.6 per cent increase.

 

For those still unsure of what the rise in rates will mean in practical terms, council advises that for a typical three-bedroom house the new rate will be £543 per year, which equates to £10.44 per week; meaning an increase of 38p per week.

 

Local Democracy Reporter Sarah Hendy reports:

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