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fiscal devolution

  • Can Reeves’ fiscal devolution plans defeat the Nimbys?

    Opinion

    Rachel Reeves plans to end the paradox of British politics whereby local people bear the costs of growth but rarely feel the benefits. Will it work? Asks John Oxley Rachel Reeves attracts many descriptions, but few would peg her as a revolutionary. Her new plan for the economic landscape of the country might change this. [...]

    Reeves Bank exterior with modern architecture, showcasing its sleek design and prominent logo on a sunny day.
  • Reeves warned against bank tax raid

    Banking

    Rachel Reeves has been warned of the growth consequences of upping tax on lenders after a leaked memo from Angela Rayner called for the Chancellor to launch a cash grab on banks. Reeves was sent a memo by the Deputy Prime Minister ahead of the spring Statement, which called for an annual £700m hike on [...]

    Chancellor Rachel Reeves has been warned businesses are not prepared for "another Budget battering".
  • Metro mayors need more power to deliver growth

    John Dickie

    Sadiq Khan has been reelected for a third term as mayor, but if he's to get London firing on all cylinders we need more fiscal devolution

    LONDON, ENGLAND - MAY 7: London Mayor Sadiq Khan and his wife Saadiya Khan pose for photos as they walk across the Millennium Bridge ahead of his swearing in for a third term on May 7, 2024 in London, England. (Photo by Leon Neal/Getty Images)

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