Fiscal devolution: ‘clever design’ needed to stop winners streaking ahead

Plans to hand mayors a portion of income tax revenues risk funding for richer areas pulling ahead by billions of pounds a year unless carefully designed safeguards are built in, the Institute for Fiscal Studies has warned.

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New analysis from the institute shows that failure to account for the differing starting points of England’s regions would widen regional inequalities instead of

Fiscal devolution: ‘clever design’ needed to stop winners streaking ahead

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