AI summary
Healey’s budget introduces a £1.5bn borrowing facility to devolve spending power to local leaders, aiming to boost growth and reduce reliance on Westminster.
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Healey’s first budget to include big devolution package to boost growth
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Chancellor will build on Burnham’s promise that local leaders in England will no longer have to ‘come cap in hand to Westminster’Andy Burnham has promised that local leaders in England will no longer have to come “cap in hand to Westminster” ahead of a fresh drive to devolve spending power in next week’s budget.In his statement on Wednesday, the chancellor, John Healey, will include plans for a new £1.5bn borrowing facility, to be drawn up in collaboration with mayors over the next two years. Continue reading...
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