Soooo.... PBR (recorded in full here) says "the government will continue to examine the framework that would be needed to implement tax increment financing and consider the primary legislation that would be needed if schemes were to be introduced".
I was right then: we should be relying on this government promising to think about something for all of the last six months of its life with no prospect of delivery of primary legislation. Oh dream on.
Very august members of the property profession will be cross with me for saying this (and I am genuinely sorry, chaps) but I am forced to conclude that TIFs are simply not a re-election platform and certainly not the rabbit in the hat that Labour needs.
The model is long-term and potentially quite difficult to manage. All of which is fairly unpalatable stuff for populist politics.