Will devolution solve the UK’s economic woes?

Over the past few weeks, devolution has moved back to the centre of British politics. Andy Burnham has made the case for a “rewired Britain”: shifting power away from Westminster and Whitehall, creating a new “No 10 North” in Manchester, and giving local leaders a much bigger role in shaping economic policy. But what does devolution actually mean? Who would power be devolved to? What…