Labour mayor of Greater Manchester Andy Burnham will address the nation in his first major speech following his bid for prime minister. He will pledge extra funding for local leaders to elected mayors as part of a long-term plan he calls ‘good growth in every postcode’. The plan links devolution to a broader economic programme designed to reshape national growth. Critics fear handing over powers could risk wider deficits or raise fiscal uncertainties. Burnham also proposes a ‘stabilisation tool’ to keep public finances on an even keel. The speech is timed to drill deep policy detail and set the tone ahead of key votes.
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Sources & References
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Burnham to promise devolution in first major speech since launching No 10 bid - BBC
Burnham to promise devolution in first major speech since launching No 10 bid BBC
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Burnham's Devolution Revolution Is Fraught With Dangers - Bloomberg.com
Burnham's Devolution Revolution Is Fraught With Dangers Bloomberg.com
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Stephen Fitzgerald interview: Woking's s151 on financial stability, debt, LGR and 'remembering the end user' - Room151
Stephen Fitzgerald interview: Woking's s151 on financial stability, debt, LGR and 'remembering the end user' Room151
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Andy Burnham to lay out economic plans involving funding and devolution to mayors - Yorkshire Post
Andy Burnham to lay out economic plans involving funding and devolution to mayors Yorkshire Post
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Burnham to pledge 'circuit-breaker' for Britain in devolution and economy speech - London Evening Standard
Burnham to pledge 'circuit-breaker' for Britain in devolution and economy speech London Evening Standard