M
Member
Speaking in the House of Lords on 27 January 2025
Debate
Devon and Torbay Combined County Authority Regulations 2024Contribution
I have some questions. While these regulations represent an important step towards devolution, there are a few critical areas that we need to consider. First, given the significant financial powers granted to the newly established mayors and combined authorities in the ability to levy taxes and create business rate supplements, can the Minister assure the Committee and residents that any mayoral or transport precepts will be for genuine additionality, not to compensate for inadequate government funding of local government? How do the Government intend to ensure that proper checks and balances are in place? Specifically, what measures will be implemented to guarantee that those new fiscal powers are exercised transparently and accountably, without placing undue burdens on local businesses or taxpayers?
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