AI Summary

The UK government has announced plans to give regional mayors a share of income tax revenue. This move is intended to grant more power to local leaders, with the prime minister stating that it will give authority to "every postcode". The decision has sparked criticism, with some arguing that the plans lack sufficient detail. The implications of this development are unclear, as the specifics of how the income tax revenue will be allocated and managed have not been fully outlined. The announcement highlights the ongoing debate over the balance of power between central and local government in the UK.

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