Does the fiscal devolution roadmap past the growth test? (Centre for Cities)

Centre for Cities published its response to the fiscal devolution details in the Budget on its blog: Does the fiscal devolution roadmap pass the growth test?

Get in touch if you're interested in reaching a spokesperson at Centre for Cities for comment.

Ant Breach, Director of Policy and Research at Centre for Cities, writes:

Income tax assignment is a very important reform and will replace the surprisingly restrictive Integrated Settlements.  

Perhaps the most important thing about the fiscal devolution roadmap is it shows the biggest battles have been won. The highest levels of policymaking now accept that our exceptional fiscal centralisation is a problem for the national economy.

Income tax will soon be irreversibly part of the local funding mix overcoming an impasse that has been stuck for almost 50 years in fewer than 12 months.

Links:

• Centre for Cities sets out the case for Fiscal devolution for England
• It also set out the case for devolving a share of corporation tax, as a complementary to income tax devolution