Economic Growth: West Midlands

Treasury written question – answered on 27th June 2022.

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Photo of Stuart Anderson Stuart Anderson Conservative, Wolverhampton South West

To ask the Chancellor of the Exchequer, what steps his Department is taking to drive economic growth in the Black Country.

Photo of Helen Whately Helen Whately The Exchequer Secretary

The Government published its Levelling Up White Paper in February, which sets out our missions as part of a decade long masterplan to see the potential of every corner of the United Kingdom fulfilled.

Through the Levelling Up Fund, designed to invest in infrastructure that improves everyday life across the UK, Wolverhampton will receive £20m to develop its City Learning Quarter, delivering 10,000 qualifications over ten years. Wolverhampton, Dudley, Sandwell and Walsall will receive a combined total of over £35m directly from the recently launched £2.6bn UK Shared Prosperity Fund, building pride in place, investing in businesses and improving life chances across the UK. Wolverhampton, Walsall and Dudley will also receive a combined total of £71m through the Towns Fund, which ensures that local areas can grow their economies, create and sustain local jobs whilst also carving out new opportunities to reshape the look and feel of their area.

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