Giving city leaders new powers – including the ability to raise their own taxes – could boost the UK economy by £100bn a year, former Bank of England economist Andy Haldane has claimed.
A joint report by the RSA and Core Cities, authored by Mr Haldane and Bristol mayor Marvin Rees, suggests a rethink of Government fiscal rules to change the focus from debt reduction to creating wealth.
Want full article access?
Receive The MJ magazine each week and gain access to all the content on this website with a subscription.
Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.
Already a subscriber? Login
