Greater Birmingham & Solihull Local Enterprise Partnership welcomes the launch of the West Midlands Combined Authority’s Statement of Intent
The Greater Birmingham & Solihull Local Enterprise Partnerships (GBSLEP) has welcomed the Statement of Intent published by the seven Metropolitan Authorities of the West Midlands to create a Combined Authority. The LEP regards this as an important step towards enabling further economic growth at a faster pace for its region and the wider LEP areas of the Black Country and Coventry & Warwickshire.
The GBSLEP believes there is already a strong economic foundation on which to build the Combined Authority, based on recent private sector led growth, and that this has been created through the existing strength of the partnership forged between the public and private sectors. The LEP believes that the formation of the Combined Authority should lead to the gaining of greater economic outcomes than can be achieved as individual LEPs working collectively. Working together will help to tackle the stubborn issues that remain within the economy, such as improving the levels of productivity and unemployment. As part of this, the GBSLEP will play an important role in creating an overarching Strategic Economic Plan for the Combined Authority going forward, reflecting the benefits that can be achieved through a greater combining of efforts.
Andy Street, chairman of the Greater Birmingham & Solihull Local Enterprise Partnership (GBSLEP), said: “This is an important first step in the creation of a Combined Authority for the West Midlands region, covering the three LEP geographies fully. The GBSLEP intends to play its full part in ensuring that the private and public sectors continue to work together to gain further economic private sector-driven growth – what we call ‘Economy Plus’. In doing so we trust this will lead to further public sector reform and, in due course, the gaining of further devolved powers from Government. Our aim must be to jointly create an economy that is the strongest outside London and one that contributes fully to the Government’s vison of a wider ‘Midlands Engine for Growth’”.
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