ECONOMIC GROWTH

A growth case for devolution

There is ‘clear evidence’ that devolution can help deliver economic growth and re-balance the economy, says the LGA in a new study. Michael Burton reports on the potential boost to local economies from devolution.

The Queen's Speech last week confirmed that the devolution bandwagon in England is rolling and that city-focused combined authorities will be at its core with mayoral models.

However the focus on the constitutional aspects of devolution obscures the fact that boosting England's local economies is one of the Government's prime aims and that core cities are not the only vehicle for achieving it; key cities, counties and London boroughs are also lobbying hard for devolved powers arguing that if anything, their impact on jobs and growth is even greater. In addition bringing in new business can enhance a council's bottom line through increases business rate revenue. Devolution therefore is inextricably bound up with local economic growth.

Michael Burton

Popular articles by Michael Burton

SUBSCRIBE TO CONTINUE READING

Get unlimited access to The MJ with a subscription, plus a weekly copy of The MJ magazine sent directly to you door and inbox.

Subscribe

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Login

Already a subscriber?