Treasury minister Lord Jim O’Neill, who led the department’s work on devolution deals including the Northern Powerhouse, has resigned, becoming the first person to quit Theresa May’s government.
The government will only offer limited devolution to areas that do not adopt elected mayors, with places such as Cornwall needing to implement the reform if they want further powers, Treasury...
Jim O’Neill, the leading economist who has called for a major programme of devolution to the UK’s cities to boost economic growth, has been named as a Treasury minister in David Cameron’s government...