Mayors to keep slice of income tax and business rates for local projects in devolution revolution

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NEWSDECK ANALYSIS

The concept of devolution in the UK involves transferring power and decision-making authority from central government to local authorities, allowing them to address specific regional needs and priorities. This approach has been implemented in various forms across the country, with mayors and local councils gaining more control over certain aspects of governance. By retaining a portion of income tax and business rates, local leaders may be able to fund projects that are tailored to the unique requirements of their communities.

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Mayors to keep slice of income tax and business rates for local projects in devolution revolution

New Prime Minister Andy Burnham said the huge devolution shake-up will allow local leaders to keep more of the cash residents pay - and invest in their communities