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Burnham to free mayors from ‘Treasury death grip’ with new devolved powers

Local leaders say plan will transform funding so English regions no longer rely on Whitehall handouts for projects England’s regional mayors will be able to break out of the “death grip of the Treasury” by borrowing to i

Novexa News DeskJuly 30th, 2026 9:30 PM1 views1 min read
Burnham to free mayors from ‘Treasury death grip’ with new devolved powers

Burnham to free mayors from ‘Treasury death grip’ with new devolved powers is one of the latest updates being tracked by Novexa News from The Guardian Business. Local leaders say plan will transform funding so English regions no longer rely on Whitehall handouts for projects England’s regional mayors will be able to break out of the “death grip of the Treasury” by borrowing to invest in big projects under

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Source: The Guardian Business via theguardian.com - https://www.theguardian.com/politics/2026/jul/30/burnham-mayors-income-tax-business-rates-devolution

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