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Economic Development

Business leaders call for same Budget support in Midlands as Northern Powerhouse

Chamber wish list includes a new investment hub to support infrastructure and a plan for the visitor economy

George Osborne will deliver his latest Budget next week(Image: Pic: Dominic Lipinski/PA Wire)

Birmingham business leaders have called for the Chancellor to give Midland firms the same support as those in the Northern Powerhouse in next week's Budget.

Greater Birmingham Chambers of Commerce said George Osborne should set up a Midlands Engine Inward Investment Hub to fund major transport and capital projects - as he has for his pet project further north.

It is part of a wider pre-Budget wish list calling for fundamental reform of "confusing and excessive" business rates.

Chief executive said the Midlands would benefit from the same level of widespread support as the so-called Northern Powerhouse.

He said: "The Northern Powerhouse has been dominating government rhetoric and attention over the past year.

"This Budget we would like to see the Midlands Engine gain the traction and support it deserves.

"Key items we would like to see are: funding for a Midlands Engine Inward Investment Hub - mirroring that already available for the Northern Powerhouse - funding for major transport and capital projects and funding for a Midlands Engine Visitor Economy Strategy."

The Post previously revealed James Wharton, a minister in the Department for Communities and Local Government whose responsibilities include the Northern Powerhouse, said projects in the north stood a better chance of government support as any other region.