Leeds hopes a TIF will accelerate growth as it tries to create 20, 000 jobs in its Aire Valley business park.

ECONOMIST: Britain looks westward for tips on tarting up its towns

Every local politician wants a TIF in his district, and developers are eager to contribute to campaigns in the hope of securing support for their projects.

ECONOMIST: Britain looks westward for tips on tarting up its towns

At this time, it is unlikely that we will initiate a rating change on TIF in the next few weeks barring anything earth-shaking.

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In the article, I have a short discussion of Chicago TIF districts.

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However, Patrick Harvie, Green MSP for Glasgow, described the TIF scheme as a "reckless gamble" with taxpayers cash based on "the absurd prediction of everlasting retail growth".

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Recession itself could also prove too big a hurdle: in Chicago, TIF-district tax revenues are slowing, and so is building work.

ECONOMIST: Britain looks westward for tips on tarting up its towns

Tiffany (TIF) stock is on a tear.

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