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.
Cities are using their land and property assets to increase revenue. This report outlines the five ways to do this best.
Giving places control of tax rates can have positive economic impacts, but will not be a panacea for sluggish local economies
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
Experimenting with a bottom-up approach to rates reform is welcome, but it remains to be seen if it can be effective
How increasing local tax-raising powers can incentivise cities to grow.