Healey announces 'biggest wave of devolution in a generation', with 100% of business rates retained locally

Chancellor John Healey announces 'the biggest wave of devolution in a generation', with 100% of business rates retained locally by the end of the decade. From next year 20% of business rates go to mayors, who gain visitor levy powers and a share of income tax receipts from 2028, plus £1.5bn of devolved loans.

Detected & updated continuously · Source: Nebula