- 4 updates
The Minister for Cities, Greg Clark. has labelled the new City Deal for the Black Country a 'landmark achievement'.
Speaking in light of the pledge to create 5,800 high-value manufacturing jobs for the region, the MP also said of the deal:
"It puts the levers of power firmly into the hands of Wolverhampton, Walsall, Dudley, Sandwell and the whole region, so everyone can benefit from real, local economic growth. The jobs created and the skills provided will put the Black Country in a prime position as the economy turns the corner."
The Black Country's new City Deal will create 1,500 apprenticeships in high-value manufacturing jobs, providing support for almost 3,000 long-term unemployed people in the area to help them find a job.
Speaking on behalf of the local authorities, Councillor Roger Lawrence, Leader of Wolverhampton City Council said:
Chair of the Black Country LEP, Stewart Towe, said feedback from businesses suggests that assisting the growth of high-value manufacturing is critical to the prosperity of the Black Country.
Deputy Prime Minister, Nick Clegg, has heaped praise on the new deal that is set to create 5,800 new manufacturing jobs and £130million of private investment for the Black Country.
Mr Clegg said of the deal:
Between government Minister for Cities Greg Clark, local authorities and the Local Enterprise Partnership, the City Deal has been made in recognition of the Black Country’s role in the UK economy; where high-value manufacturing represents the largest concentration of jobs of any LEP area.
A new deal designed to bring in around £130million of investment into the Black Country, creating 5,800 new manufacturing jobs in the region, has today been agreed by Deputy Prime Minister Nick Clegg and Minister for Cities Greg Clark.
The City Deal will see brownfield - or old industrial - sites across the Black Country redeveloped over the next four years, and will also provide support for a total of 2,800 long-term unemployed people in the region to help them find a job.