GBSLEP response to the Spending Review and Autumn Statement
Andy Street, Chair of the Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP) said: “The spending review paints an encouraging picture indeed. The Chancellor has clearly recognised the ambition of GBSLEP and its partners to drive economic growth and the good progress being made to achieve our aims, and has backed us to deliver.
“Through the West Midlands Devolution Agreement, Government is rightly putting greater power in the hands of the local people and businesses so that they can make the decisions on skills, employment and transport that will drive local growth, through the initiatives such as the newly-approved Curzon Street Enterprise Zone, Eastside Metro extension and our plans for a devolved skills system.
“The Midlands is leading the national recovery, and we welcome the Chancellor’s announcement of £5 million to produce a Midlands Engine Trade and Investment Plan, through which the world-leading strengths of the Midlands will be promoted to attract global investment and continue to drive national recovery and growth through the Midlands Engine.
“We are pleased that the Chancellor has backed Local Enterprise Partnerships by confirming his commitment to the Local Growth Fund. Already, GBSLEP’s Local Growth Fund programme is delivering transformative benefits for the local economy, improving transport networks, unlocking economic sites and boosting skills provision in key sectors.
“Personally, the announcement of £4 million for the creation of the Birmingham Dance Hub and Birmingham Festival Programme is hugely exciting. It will support us to further build on the vibrant creative and cultural scene here in Birmingham, which is attracting more investment and top talent than ever before.
“Amidst all the positives, it is right that we recognise the environment in which the public sector, and local government in particular, are operating. There is no doubt that departmental cuts will present challenges. However, we have already shown that we can rise to those challenges when we work together and can make a real difference to people’s lives when we focus on the economic growth and prosperity of the Greater Birmingham & Solihull residents and businesses.”
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