Andy Burnham to give regional mayors share of income tax - BBC

Prime Minister Andy Burnham announced plans to give all mayors of England's city regions a share of income tax revenue for the first time, as part of a drive to shift power from Westminster to local leaders.
English strategic authorities will also be allowed to retain some funds from locally collected business rates and gain greater control over housing, transport, and skills services.
The exact proportion of taxes mayors will receive has not been finalised, with details expected when Chancellor John Healey delivers his first budget in the autumn; mayors are due to start keeping some business rates revenue from April 2027 and receive income tax portions from April 2028, with income tax rates unchanged.
First Secretary of State Louise Haigh said areas without mayors would also benefit, as devolution powers would be held by new strategic authorities bringing councils together, though opposition parties argued the plans lacked detail and could disadvantage weaker economies.
Labour backbencher Perran Moon, MP for Camborne and Redruth, called the plans "discriminatory," warning of a "two-tier system" and arguing Cornwall risked missing out because it would not have a mayor or combined authority.
Transport Secretary Heidi Alexander said mayors will get a fast-track route to build tramways, roads and light rail, raising the approval threshold for projects from £200m to £500m, while Labour mayors including Tracy Brabin welcomed the tax devolution.