John Healey is unveiling his first Budget on Wednesday with London braced for blows and benefits from his tax, spending and devolution plans.
Tax rises will almost certainly hit the capital hardest given that it is the wealthiest region of Britain.
Devolution of power
However, with his hands partly tied due to Britain’s debt mountain having risen to an eyewatering £3 trillion, Mr Healey was seeking economic growth through a major shift of powers to stop the UK being such a centralised nation.
Lord Sadiq Khan…
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