Plans for the UKs first municipal bonds agency have been given the green light to enter the launch phase.
The Sheffield city region has won a devolution deal that includes greater powers over transport, skills and housing, without the imposition of a directly elected mayor.
Councils need tougher powers to crack down on the proliferation of betting shops, the LGA has said.
The Chancellor of the Exchequer, George Osborne, told local government his door was open for more devolution as part of the Autumn Statement announced in Parliament today.
Fiscal and political devolution must come hand in hand, The Infrastructure Forum has said in its Autumn Statement submission.
Government plans to hand extra powers to Manchester under a directly-elected metro-mayor could open the floodgates to devolution in other cities and counties.
Around four-in-five people living in England support the devolution of more powers to local areas, pollsters have discovered.
Leeds and Sheffield are likely to join Manchester in gaining greater control of local spending within weeks as the UK government presses ahead with English devolution. Both city regions are likely to receive more powers over transport, skills, business support and housebuilding before Decembers Autumn Statement.
The Government has said it hopes Manchester will be the first of many cities to win greater devolution of powers after reaching an historic settlement.
Giving UK cities more powers and financial autonomy could boost the economy by up to £79bn a year, the independent City Growth Commission has found.