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.
Dropping business rates devolution now would be a backwards step by the Government
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
How the Government can make business rates system more efficient and make the most of devolution
How increasing local tax-raising powers can incentivise cities to grow.