Local authorities keep an average of just 9p of every £1 generated locally in taxes, with the rest going to the Exchequer, a new report by the Centre for Cities think-tank has found. The report shows for the first time where taxes are raised and public money is spent in local authorities across the country. It also finds Manchester, Leeds and Birmingham city regions are all performing below the national average in terms of how much tax is generated in relation to their working populations.
展开▼
