
Green Growth
Sep 27 2023
A new report, published this week has raised concerns about the accessibility and reach of net zero business support schemes available in England.
Read moreTowns and cities across the Midlands will benefit from billions of pounds of investment as announced in the autumn Budget by Chancellor Rishi Sunak.
In addition to other spending commitments on areas such as infrastructure, job creation and digital connectivity, the Midlands was awarded nearly £400m for 21 local projects to improve quality of life from the new Levelling Up Fund.
Projects that will receive a cash injection include a new science centre at Twycross, the City Learning Quarter in Wolverhampton and a Pioneer Park in Leicester which supports our region’s fast-growing space and satellite technology sector.
The full list of funded projects in the Midlands, as published by the Treasury includes:
In addition, the Midlands will also benefit from £612m for local roads maintenance and £115m for smaller transport improvement priorities as part of the Integrated Transport Block.
Leicester (£40m) and Stoke-on-Trent (£35m) will each benefit from substantial funding from the Transforming Cities fund whilst £2.5m has been allocated from the Brownfield Land Release Fund to sites in the Midlands.
There were also individual awards for the National Forest (£7m), Coventry as part of its Capital of Culture (£2.6m) and Leicester which will support the purchase of 96 zero-emission buses whilst the Hub Community Centre and Café in Thurnby, Leicestershire will benefit from £250,000 allocated from the Community Ownership Fund.
Our region will also benefit from shares of national pots including £2.6 billion from the Shared Prosperity Fund, £5 billion from Project Gigabit, £560m from the Youth Investment Fund and National Citizen Service, and £2.6 billion for local road upgrades such as the North Hykeham Relief Road in Lincolnshire and the A4123 Birchley Island in Sandwell.
Finally, the West Midlands will receive a share of £24 billion for strategic road upgrades including key junctions in Coventry and at Birmingham Airport plus, £1 billion for schemes such as completing the Wednesbury to Brierley Hill Metro extension and Sprint Phase 2.
Green Growth
Sep 27 2023
A new report, published this week has raised concerns about the accessibility and reach of net zero business support schemes available in England.
Read moreHealth
Sep 26 2023
A Charnwood Campus Cluster event in partnership with Medilink Midlands, part of a series of events to celebrate the achievements and support the growth of the life science organisations clustered around Charnwood Campus Science, Innovation and Technology Park.
Read moreDigital
Sep 19 2023
A new state-of-the-art facility for computing students, which will support the teaching of a range of digital and engineering subjects, such as computer games animation, design engineering and mechatronics has opened at the University of Derby’s Enterprise Centre.
Read more