'Cap in hand': Burnham vows English mayors will get a new £1.5bn borrowing facility in Wednesday's Budget
Mayors are also to get an initial £285 million of 'good growth' cash next year for housing, transport or high streets, replacing Whitehall bidding pots. A further £150 million will help them build expertise, amid Treasury fears that some cannot handle big budgets. The borrowing facility is not due until 2028. City experts warn Chancellor John Healey is set to borrow an extra £70 billion overall.
Prime Minister Andy Burnham: going 'cap in hand' to Westminster 'is no way to run a country'.
Over £1 billion for social housing will push the 10-year programme past £40 billion.
Areas without strategic authority status will still get a 'transitional' share of the money.
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BBC NewsBudget to include £1bn for social and affordable housingDaily Mail NewsBudget will unveil £70billion borrowing to pay welfare bill, city experts warnsEvening StandardBudget to increase cash for social housing and give England’s mayors more powersLBCBudget to grant extra funding for England's mayors and regional leaders to make most of 'wasted' potentialReutersUK budget set to hand English mayors new borrowing powers, growth fundingThe GuardianHealey’s first budget to include big devolution package to boost growthThe IndependentEnglish mayors to get new powers and more funding to boost regional growthBBC News - EnglandNorthern Olympics plan to get £7m in John Healey's first BudgetEvening StandardWhat is the state of the UK economy heading into next week’s Budget?The GuardianJohn Healey pledges to use budget to harness power of AI to bolster Britain’s securityThe SunDefence must be top priority for Labour when Chancellor delivers BudgetThe TelegraphAI laboratory will guard against pandemics, says Healey
