Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, whether he is taking steps with the Midlands Engine to support regional (a) investment and (b) private sector collaboration.
Midlands Engine have undertaken a range of valuable work and have supported collaboration on shared growth opportunities. Moving forward, the government intends to support Mayors in collaborating at pan-regional level and creating convening bodies whose purpose, priorities and membership are decided at a regional level.
At the Autumn Budget, the Government announced that it would consult on its minded to decision not to extend funding for the six pan-regional partnerships beyond the agreed allocations to the end of the 2024-25 financial year. We are currently considering the responses received and will confirm a final decision shortly.