º£½ÇÊÓÆµ

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Economic Development

New £900m budget approved to help West Midlands battle back from covid

Combined authority has outlined a string of spending promises which it says will support transport projects and training people to get back into work

A budget worth more than £900 million has been approved to support infrastructure, regeneration and job training schemes in the West Midlands.

The 2021/22 budget for the West Midlands Combined Authority includes a package of major transport projects aimed at driving economic growth and cleaner air as well as funding to transform derelict industrial sites for new green homes.

An adult education budget worth £142 million, claimed to be the biggest of any º£½ÇÊÓÆµ region outside London, will be used to give people, especially those impacted by the coronavirus pandemic, the skills needed to get back into work quickly.

But in approving the budget, the combined authority's board warned of the financial uncertainty caused by the ongoing coronavirus pandemic with recent independent research suggesting the West Midlands could be hit harder than any other º£½ÇÊÓÆµ regional economy.

West Midlands Mayor Andy Street said: "The investments outlined in this budget will help the West Midlands make significant strides towards a quick and effective recovery from the coronavirus pandemic as well as tackling the climate emergency facing our region.

"We're investing hundreds of millions of pounds in our green public transport network, with zero carbon and ‘Sprint' buses, new rail stations, cycling infrastructure, and of course metro extensions - with almost £100 million alone being spent over the next year on the Wednesbury to Brierley Hill extension.

"Meanwhile, more than £116 million is being spent on the remediation of derelict brownfield land, saving acres of greenbelt from development, and we're investing £142 million to level up our skills, getting us ready for the huge boost in the green jobs of the future as we look to help get people into work.