Midlands Engine has received a further vote of confidence as a region that is essential to the UK’s post-Brexit economic success and improving quality of life.
Midlands Engine Ministerial Champion Sajid Javid has launched a drive for closer working between the Midlands and China at the China International Industry Fair in Shanghai today (Wednesday 8 November).
Alongside Sir John Peace, Chair of the Midlands Engine Partnership, Mr Javid has showcased the strengths of the Midlands which are aligned with China’s priority sectors and highlighted the many opportunities for Chinese businesses and investors in the region.
The Midlands Engine Partnership is today publishing the Midlands Engine Vision for Growth, an ambitious response to the Government’s Midlands Engine Strategy.
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.
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.
The UK Central Solihull Urban Growth Company (UGC) has formally asked HS2 Ltd to upgrade the current plans for a parkway-style station on the 350-acre site known as Arden Cross, situated on Junction 6 of the M42 motorway adjacent to Birmingham Airport and the National Exhibition Centre.
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.
Business Secretary to establish UK as world leader in battery technology as part of modern Industrial Strategy.
Business Secretary Greg Clark announces the launch of the £246 million Faraday Challenge to boost expertise in battery technology.