Chancellor seeks ‘genuine break with the past’ in tackling centralised and ‘geographically unequal’ country
Rachel Reeves has announced that the Treasury will draw up proposals to hand England’s mayors a share of national tax revenues as part of a radical plan to rebalance the economy.
The chancellor promised “a genuine break with the past” that would shift spending power away from Westminster, as she promised to create investment-led growth across the UK.
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Source link : https://www.theguardian.com/business/2026/mar/17/rachel-reeves-plans-regional-national-tax-revenues-mais-lecture
Author : Heather Stewart Economics editor
Publish date : 2026-03-18 00:01:00
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