Prime Minister says regional mayors will be allowed to keep a share of locally collected revenues to spend on their priorities, according to reports. The proposal would give mayors access to part of income tax and business rates, shifting some spending control from central government to regional leaders. In comments reported by the Evening Standard and echoed by Yahoo UK News and the Belfast Telegraph, Andy Burnham describes the change as a way to “empower” regions, arguing that allowing mayors to retain tax receipts would increase their ability to act according to local needs. The reporting focuses on the announcement that the mayors’ retained revenues would include both income tax and business rates, though details beyond the principle of shared retention are not provided in the excerpts supplied. The sources present the move as part of wider devolution or local governance reform, intended to strengthen regional decision-making through greater fiscal responsibility and discretion for elected mayors.