UK: Reeves plans to give regional regimes a share of national tax revenues

Source: The Guardian [UK]

“Rachel Reeves has announced that the Treasury will draw up plans to give regional leaders a share of national tax revenues as part of a radical plan to rebalance the economy of England. Setting out her intention of creating ‘investment-led growth,’ the chancellor promised ‘a genuine break with the past’ that would shift spending power away from Westminster. … Reeves set out plans to reform regulation to ‘shift the balance of power towards workers, consumers, bill-payers and renters.’ Her lecture was titled The Active and Strategic State, and restated the approach she calls ‘securonomics.'” (03/17/26)

https://www.theguardian.com/business/2026/mar/17/rachel-reeves-plans-regional-national-tax-revenues-mais-lecture