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UK Labour proposes regional tax revenue sharing

Primul articol: 17 mar. 2026, 17:06 | Ultima actualizare: 17 mar. 2026, 17:06 | 1 sursa | 1 articol
#ukpolitics#regionaleconomy#taxrevenue

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The Labour Party, led by Shadow Chancellor Rachel Reeves, is proposing a significant shift in fiscal policy by sharing national tax revenues with regional leaders in the UK. This initiative aims to empower local areas, stimulate regional economic growth, and address regional inequalities. The plan would grant regional leaders greater control over funding for local projects and services, potentially leading to more tailored and effective solutions for specific regional challenges.

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Reeves plans to give regional leaders a share of national tax revenues Foto: The Guardian
The Guardian English Heather Stewart 17 mar. 2026, 17:06 (acum 4 ore)

Reeves plans to give regional leaders a share of national tax revenues

Chancellor seeks to tackle centralised and ‘geographically unequal’ country in ‘a genuine break with the past’Business live – latest updatesRachel Reeves has announced that the Treasury will draw up plans to give regional leaders a share of national tax revenues as part of a radical plan to rebalance the economy of England.Setting out her intention of creating “investment-led growth”, the chancellor promised “a genuine break with the past” that would shift spending power away from Westminster. C

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