UK cities have to be smart about how they spend, manage and invest their money. But a lot of this money is controlled by central government grants and funding dedicated to specific areas such as housing or social care. Increasingly local government is gaining more control over its finances, such as business rates. Our research and analysis looks at how cities can make the most out of the resources available to them, and makes policy recommendations about how changes to funding and finance can better support cities’ economic growth.
Core urban areas are important for wider city region revenues. This has implications for further fiscal devolution.
Use our tax data tool to find out more about how economic activity in cities translates into tax revenues.
Explore the cities data from our 10 years of tax report using our interactive tool.
How cities contributed to the national exchequer from 2004/05 to 2014/15
Alexandra Jones writes in LGC about the Autumn Statement announcement on Mayors getting borrowing powers.
How increasing local tax-raising powers can incentivise cities to grow.