What the Autumn Budget means for Greater Lincolnshire 

Devolution: More powers, but not yet 

The Government is giving mayors across England more control over local spending, with major multi-year funding deals announced for seven regions. These areas already have what are called integrated settlements – a single pot of funding for all areas of their work - under the Devolution Framework. 

This type of funding flexibility won’t be available for Greater Lincolnshire until 2027/28 at the earliest and it will continue to receive separate funding for transport infrastructure, adult skills, housing and investment. While other more established are moving ahead, the GLCCA will need to wait before we can access the same opportunities. 

Fair Funding Review 

Plans are under way to improve the business rates retention system. One option being explored is giving mayoral authorities a direct share of business rates from across their region to help deliver local priorities. 

GLCCA will be working closely with Government in the coming months to shape any potential model. 

Local Growth Fund: £53 million for Lincolnshire 

Greater Lincolnshire will receive £53million over four years through the new Local Growth Fund. This money will go into key projects identified in our upcoming Local Growth Plan, which is currently being developed. 

Visitor Levy Consultation 

The Government is consulting on whether mayors should have the power to introduce a visitor accommodation levy – a small charge on overnight stays to fund local investment. 

The consultation closes on 18 February 2026, and we’ll review the potential impact carefully to ensure it’s right for our visitor economy and hospitality businesses. 

Regional investment & indirect benefits 

The Budget also announced major investment in: 

• East Midlands (Derby focus) 

• Northern Growth Corridor 

• National infrastructure projects like the Lower Thames Crossing 

• Growth accelerators in nearby city regions 

For Greater Lincolnshire, this could mean: 

• Better connectivity and supply chain links westwards to Derby and Nottingham 

• Opportunities to attract inward investment in:  

• Logistics & Port Operations 

• Agri-Tech 

• Energy 

• Advanced Manufacturing 

The GLLCA will continue to work to bring opportunities to the area. 

Watch the Mayor of Greater Lincolnshire's, Dame Andrea Jenkyns, respond to the Autumn Budget here.