The Guardian view on Labour’s fiscal devolution: the future of Burnhamism will play out in municipal England | Editorial

Replacing government grants with revenue streams from taxation will not in itself reduce regional inequalities. But the political implications are radical Following Wednesday’s budget, the Treasury minister, Torsten Bell, was challenged by the BBC’s Evan Davis on whether its modest series of “breathing space” measures could truly be said to have ended “40 years of neoliberalism”. This line of questioning is…