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Story summary
- Prime Minister Andy Burnham will unveil plans next month to give regional mayors control over billions.
- From 2028 mayors will keep a 5% share of local income tax, shifting £3.8 bn from Whitehall.
- From 2027 mayors will retain business rates and may introduce a tourist tax.
- A fiscal devolution white paper will be released with the autumn budget on 28 October.
- Aditi Sriram said Britain faces a defining moment and accountability is essential.