Answer from Hansard

The Parliamentary Under-Secretary of State for Housing, Communities and Local Government (Miatta Fahnbulleh)

Devolution to strong local leaders who understand the economic opportunities and challenges in their patch has clear economic benefits: it can drive higher productivity, boost local economies and put more money in people’s pockets. For example, Greater Manchester, which is further along in its devolution journey, has one of the UK’s fastest growing local economies.