Healey’s first budget to include big devolution package to boost growth
Chancellor will build on Burnham’s promise that local leaders in England will no longer have to ‘come cap in hand to Westminster’ Andy Burnham has promised…
The Guardian reports: Chancellor will build on Burnham’s promise that local leaders in England will no longer have to ‘come cap in hand to Westminster’ Andy Burnham has promised that local leaders in England will no longer have to come “cap in hand to Westminster” ahead of a fresh drive to devolve spending power in next week’s budget.
This business story centres on the United Kingdom. Names and organisations mentioned in the coverage include England, Westminster’ Andy Burnham and John Healey.
Why it matters
Business and economic news can ripple through prices, jobs, investments and household budgets.
Key details
- Location
- United Kingdom · Europe
- Reported by
- The Guardian
- First reported
- Key names
- England, Westminster’ Andy Burnham, John Healey, Burnham
- Section
- Business
- Figure cited
- In his statement on Wednesday, the chancellor, John Healey, will include plans for a new £1.5bn borrowing facility, to be drawn up in collaboration with mayors over the next two years. (The Guardian)
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at The GuardianSpotted an error? Request a correction · How this summary was produced
Related Stories
Chancellor accepts Labour has put a ‘lot of pressure’ on business and says helping entrepreneurs will be a budget priority – UK politics live
John Healey is expected to cut red tape requirements, particularly for smaller businesses The Office for National Statistics’ latest report on crime…
Burnham to double spending on homelessness amid drive to end rough sleeping by Christmas
Downing Street will allocate a further £432m in this week’s budget, bringing total funding for finding a ‘lasting solution’ to nearly £900m Andy…
Cabinet split emerges over controversial Rosebank oilfield decision
Chancellor is in favour the North Sea project, but energy secretary has said she is leaning towards rejecting it A cabinet split has emerged over…
Has Healey’s military-style budget secrecy really played out so differently to past budgets?
The macho military analogies began in mid-August when Healey was said by the Telegraph to be “on a war footing” to stop the drip of information that…
Audi defends plans for a $4 billion Georgia plant amid VW restructuring, tariffs
Audi's CEO defended the company's plans for a $4 billion plant in Georgia, calling it a business decision to grow sales and reduce exposure to U.S.…
Trump’s tariff pause angers some US ranchers, boosts Brazil beef imports
Just as American cattle went to market, Trump's action added unease to an industry already facing uncertainty.
Bangladesh per capita GDP forecast to outstrip India’s: What does it mean?
Bangladesh expected to surpass India's per capita GDP this year, but that's not the complete economic picture.
I paid off $11,000 of credit card debt in 18 months while still traveling, shopping and living my life
I racked up over $11,000 in credit card debt traveling, shopping and dining out.