Mayors getting a share of income tax revenue to spend on their cities could lead to some areas of the UK receiving vastly larger sums than others, analysis for The i Paper shows.
London, where the income tax base is far larger, would receive billions of pounds in extra cash compared to the poorest parts of the North, the analysis found.
Andy Burnham is expected to set out his policy on fiscal devolution on Friday as part of his drive to deliver “growth in every postcode”. It will include giving extra spending powers to England’s mayors to invest in their areas on transport and infrastructure.
Shorts
The Times reports that some Tory and Reform mayors want to use their cash on handing back rebates to their residents, although most mayors are expected to use the money to pay for infrastructure and services.
