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West Midlands business review of 2021 - part one: city regen vision, welcome boost for Cadbury and new chamber chief

Our West Midlands Review of the Year kicks off with the launch of a 2040 masterplan for regeneration in Birmingham, a sweet boost for Cadbury in Bournville and the youngest-ever chief executive being appointed at Birmingham chamber

From top left: Birmingham's 2040 masterplan, GKN Automotive's doomed Birmingham factory, Warwickshire's Edgbaston cricket ground and new chamber chief Henrietta Brealey

This year started off on an unsteady footing after the º£½ÇÊÓÆµ experienced a low-key 2020 Christmas and new year like no other.

Muted celebrations on December 31 gave way to a fresh round of lockdowns in January but there was hope as the country's vaccine programme built upon its launch in Coventry just a few weeks earlier. But it was not all covid-related doom and gloom.

In this four-part review of the year, we start by taking a look at some of the big West Midlands business stories which made the headlines during the first quarter of 2021, kicking off with the news of a new long-term masterplan for Birmingham.

A consultation opened in January aimed at shaping the future of development projects over the next two decades, called 'Our Future City Plan: Central Birmingham 2040'.

It set out the potential development and regeneration projects for the city centre and replaced the much-lauded 'Big City Plan' unveiled in 2010.

Birmingham City Council said the strategy would focus on creating people-centred environments, opportunities for growth in emerging green industries and improving health and wellbeing through access to green spaces.

West Midlands Business News Review of 2021

In a story that would rumble on for months, engineering giant GKN Automotive first announced plans in January to close its plant in Erdington and ship production abroad.

A total of 519 jobs were placed under threat at the site which makes drivelines systems. The move was met with outcry from politicians, unions and workers who put together an alternative business plan to keep the factory open.