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PROSPER MAGAZINE: DIGITAL EDITION

BLACK COUNTRY 2.0

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2021 SPRING BUDGET

In advance of the recent budget on 3 March, the Chamber reminded Number 11 of the needs of the Chamber members in line with its Business Manifesto and the challenges of Brexit and COVID-19. 

 

As part of the budget, the Chancellor announced that Rowley Regis, West Bromwich, Smethwick and Wolverhampton are set to receive £25m each as part of the Government’s Town Fund, new train stations for Darlaston and Willenhall and a new Government taskforce to be based in the region to develop new low carbon and energy-efficient construction technologies. 

 

Further announcements included a fund for additional traineeships and employer incentives, restart grants for non-essential retail, hospitality and leisure and a new Recovery Loan Scheme with the Job Retention Scheme extended until the end of September.

WMCA MAYORAL ELECTIONS

In April, businesses had the opportunity to engage with candidates at two virtual events and a Mayoral Manifesto entitled ‘Rebounding for Business’ was published in March in collaboration with other regional Chambers which called on the candidates to respond to the needs of local firms in the run-up to May’s election. 

 

Aligning to the Black Country 2.0 campaign, the document called upon candidates to ensure that regional business asks including developing a transport network fit for the 21st century, help to adapt to post Brexit trading conditions and transforming the region through investment in the green economy remained high on their policy agendas. 

TURNING THE BLACK COUNTRY GREEN

On 16 March, Black Country 2.0 Business Partner, the Department for International Trade joined Wylde Connections and Chamber Member Turning the Black Country Green to highlight Clean Growth, the benefits of becoming net-zero, sustainable strategies and understanding how clean growth can help drive export innovation.

STEEL QUOTAS

Earlier in April, the Chamber invited members to join a roundtable discussion hosted by Suzanne Webb MP for Stourbridge and Parliamentary Private Secretary to the Rt. Hon. Liz Truss MP, Secretary of State for International Trade. 

 

The session gathered the views of local manufacturers following Brexit and the issues they are experiencing and identified the need to introduce a forward allocation system and the importance of having an integrated manufacturing strategy. 

For more information on the Black Country 2.0 initiative, visit the WEBSITE

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