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London Deal

Sadiq Khan standing outdoors in a blue suit on a tree-lined path.
3 November 2026

Critics Warn London Risks Falling Behind as Devolution Deal Lacks Detail

Despite hailing new fiscal freedoms as transformational, experts warn the capital risks missing out on growth-focused reforms as other mayoral authorities gain greater control over locally generated revenues.

Despite hailing new fiscal freedoms as transformational, experts warn the capital risks missing out on growth-focused reforms as other mayoral authorities gain greater control over locally generated revenues.

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