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Source:
The Guardian
The Guardian
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Starting in 2028, English regional mayors will receive a share of income tax and business rate revenues, reducing reliance on central grants and enabling borrowing for large projects. These powers aim to give local leaders greater control over services and funding allocation, marking a significant devolution of authority from Westminster. The government plans to develop further proposals for Scotland, Wales, and Northern Ireland, with details to be released later. Critics have raised concerns that the reforms may favor wealthier areas, with some mayors considering using new powers for tax reliefs.
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