FINANCE

Boris calls for 'overdue' fiscal devolution for councils

Boris Johnson has called for ‘long overdue’ fiscal devolution for local government saying it will help them fund services and encourage more housebuilding.

Boris Johnson has called for ‘long overdue' fiscal devolution for local government saying it will help them fund services and encourage more housebuilding.

Speaking at the Conservative Party  conference the former foreign secretary said: ‘Let's give councils a real incentive to go for planning permissions and growth, to encourage building on brownfield sites with long overdue fiscal devolution. Give good councils the ability to retain stamp duty, council tax, business rate and annual tax on enveloped dwellings and they will have a motive to go for growth in their neighbourhood'.

Michael Burton

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