What Andy Burnham’s new tax sharing plans could mean for your region

Andy Burnham has proposed a major devolution shake-up allowing regional leaders, including Sir Sadiq Khan, to retain a portion of business rates and income tax. These plans aim to boost funding for housing, jobs, and transport across England. Under this new tax sharing model, London could potentially receive more than £2 billion in extra funding. The initiative focuses on empowering regional leaders to manage local finances to drive growth and improve essential public services.