High-quality infrastructure, especially transport, is a critical component of strong economic performance. Yet the UK has under-invested in infrastructure for decades, especially in its major cities.
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City Leadership concludes that Britains current level of centralisation is holding cities back, with consequences for the national economy as a whole ... and identifies greater financial autonomy as a top priority, especially for our biggest city-regions.
This paper argues that the expanded Lyons Inquiry is an opportunity that should not be wasted. Instead of political manoeuvring, its time to develop concrete reforms beginning with the devolution of real power and resources to Britain's cities.