Central government raises 95% of British taxes. “It’s crazy,” says Nick Forbes, the affable head of Newcastle council. “We can’t even regulate private landlords.” Core Cities, a body representing England’s eight biggest cities, believes that with devolved powers they could generate an extra £222 billion ($339 billion) and 1.2m jobs by 2030. Plans for a “Northern Powerhouse” could transform English politicshttp://econ.st/1JHRZqD
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