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Healey’s first budget to include big devolution package to boost growth

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Guardian Business
By Heather Stewart
10/24/2026, 9:30:43 PM
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Healey’s first budget to include big devolution package to boost growth
EXECUTIVE SUMMARY

Chancellor will build on Burnham’s promise that local leaders in England will no longer have to ‘come cap in hand to Westminster’ Andy Burnham has promised that local leaders in England will no longer have to come “cap in hand to Westminster” ahead of a fresh drive to devolve spending power in next week’s budget. In his statement on Wednesday, the chancellor, John Healey, will include plans for a new £1.5bn borrowing facility, to be drawn up in collaboration with mayors over the next two years.

Key Takeaways

  • Healey’s first budget to include big devolution package to boost growth.
  • In his statement on Wednesday, the chancellor, John Healey, will include plans for a new £1.5bn borrowing facility, to be drawn up in collaboration with mayors over the next two years.

Chancellor will build on Burnham’s promise that local leaders in England will no longer have to ‘come cap in hand to Westminster’Andy Burnham has promised that local leaders in England will no longer have to come “cap in hand to Westminster” ahead of a fresh drive to devolve spending power in next week’s budget.In his statement on Wednesday, the chancellor, John Healey, will include plans for a new £1.5bn borrowing facility, to be drawn up in collaboration with mayors over the next two years. Continue reading...

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