Thursday, November 5, 2026
Global events. Facts. Context.

bank surcharge 6%

Business Confirmed

Healey sets out £285m local growth fund in UK devolution push

John Healey used his first UK Budget to set out a stronger transfer of tax powers and borrowing capacity to local leaders, backed by £285 million in new Good Growth funding and a £1.5 billion loan facility. The changes are meant to give mayoral authorities and councils more room to fund transport, housing and…