Mayors to receive income tax revenue share for first time

Prime Minister Andy Burnham announced that all mayors of city regions in England will receive a share of income tax revenue for the first time. This initiative aims to hand over more financial control to local leaders and enhance their authority over business rates and services such as housing and transport. The specific tax share for mayors has not yet been determined, with more details expected in the upcoming budget meeting. This move could potentially reshape local funding dynamics in England and impact how local governments finance services.