Midlands Engine
(asked on 3rd March 2025) - View Source
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, whether his Department has made an assessment of the contribution of Midlands Engine to (a) attracting international investment and (b) supporting export growth for Midlands businesses.
Answered by
Gareth Thomas
Parliamentary Under Secretary of State (Department for Business and Trade)
Midlands Engine have undertaken a range of valuable work and have supported collaboration on shared growth opportunities. This has included launching the Midlands Engine Investment Portfolio at The UK's Real Estate Investment and Infrastructure Forum in May 2024 and holding a Midlands Wide Kings Awards Event to encourage more firms to export.
Following the recent consultation, the Government has confirmed its decision not to extend core funding for Midland Engine and other pan-regional partnerships. We are moving to a different model of economic collaboration, where we are keen to support new models driven by mayors and their partners.