Month: August 2017

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British Business Bank launches first £120million tranche of Midlands Engine Investment Fund

The British Business Bank has announced the first wave of its £250m Midlands Engine Investment Fund, with the launch of £120million worth of SME debt finance, in a move designed to provide greater support to the region’s smaller businesses, accelerate economic growth and promote job creation – in line with the Government’s Midlands Engine Strategy.

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Eurostar arrives in Birmingham as the National College for High Speed Rail prepares to open its doors

On the day that students across the West Midlands received their A-Level results, the region was greeted by a symbol of the region’s future employment prospects with the delivery of a newly refurbished Eurostar power car – the latest arrival at Birmingham’s new world-class further education institution, the National College for High Speed Rail.

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Proposed rail upgrades would support £2bn economy boost with more trains and better HS2 links

A major boost to the Midlands economy supported by more trains and better connections between towns, cities and with HS2 is predicted if proposed rail upgrades become a reality.

Midlands Connect predicts that the development of a new Midlands Rail Hub would result in a £2 billion economic surge over the next 10 to 30 years.

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