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Economy & Finance
Options for fiscal devolution …

Table of Contents

Introduction
How does MSA finance operate in 2025/26?
How much money do MSAs receive from existing sources?
What additional sources of funding could be made available?
How would devolving funding work?
What are the advantages of fiscal devolution over a grant system?
March 2026 fiscal devolution proposals
References

Options for fiscal devolution to strategic authorities

Dr. Mark Sandford, House of Commons Library and Dr. Kevin Muldoon-Smith, Northumbria University

21st April 2026
England & Wales
24 mins read

This paper sets out a number of alternative sources of finance for Mayoral Strategic Authorities, examining both new revenue streams and existing sources that central government could devolve to the mayoral level.

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