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Budget 2016: What does it mean for Devolution

Economy:
Budget 2016: What does it mean for Devolution

COUNCILS will be responsible for raising all their own money by 2020.

George Osborne announced the move as part of "the most radical package of devolution" in British history.

He told MPs that the old system where local government cash was 80 per cent composed of ring-fenced grants from Whitehall was "only the illusion of local democracy".

He also announced that the North will have its own elected mayor next year, as will the West Midlands, some southern cities and some English counties.

"We're making the Northern Powerhouse a reality," the Chancellor said.

"North, south, east and west - the devolution revolution is taking hold."

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17 March 2016, 2:41