Member

In addition, the Government have a long-standing commitment to provide certainty to local government on its finances. We have already published multiyear funding settlements as part of the provisional local government finance settlement for 2026-29, and the value of integrated settlements was also published for mayors who received them at the autumn Budget for the full spending review period. Although I have much sympathy with the noble Baroness’s wish to expand fiscal powers, and although we share the ambition of strengthening local economic leadership, we do not consider that a statutory duty in this regard is needed.