Rachel Reeves Plans to Share National Tax Revenues with Regional Leaders
Chancellor Rachel Reeves announced plans for the Treasury to give regional leaders a share of national tax revenues, aiming to tackle the country's centralized and geographically unequal economic landscape.
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Reeves plans to give regional leaders a share of national tax revenues
Chancellor seeks to tackle centralised and ‘geographically unequal’ country in ‘a genuine break with the past’ Business live – latest updates Rachel Reeves has announced that the Treasury will draw up plans to give regional leaders a share of national tax revenues as part of a radical plan to rebalance the economy of England. Setting out her intention of creating “investment-led growth”, the chancellor promised “a genuine break with the past” that would shift spending power away from Westmi...
By Heather Stewart
Read full article →Rachel Reeves sets out plans to hand mayors a share of tax revenue
The Chancellor hopes the plan will help drive economic growth in regions across the country.
By David Hughes
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