Policy

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

Cross-asset desk, Private Trade News (2026-10-24): 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… Primary source: original at The Guardian (theguardian.com).

October 24, 2026 11:20 PM GMT · The Guardian

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

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.

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