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Productivity key to protecting post-Brexit economies

Productivity must be central to devolution deals as Britain faces an ‘urgent’ need to protect local economies following Brexit, a report has claimed.

Productivity must be central to devolution deals as Britain faces an ‘urgent' need to protect local economies following Brexit, a report has claimed.

The New Local Government Network (NLGN) this week said a third of corporation tax generated in England – worth up to £12.1bn – should be devolved to city and county regions to give councils a stake in business expansion and an incentive to support productivity growth.

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