New devolution powers will end ‘the death grip of the Treasury’

Regional mayors in England can borrow money for major projects and keep a share of income tax under government plans to devolve powers from Whitehall. Prime Minister Andy Burnham has announced that from 2028, mayors will retain a share of income tax raised in their areas, alongside business rates from April 2027.  The funding will … Continue reading New devolution powers will end ‘the death grip of the Treasury’