Councils and businesses in the West Midlands could get the chance to bid for £49 billion of government funding if proposals outlined by Lord Heseltine are approved.
He came to Birmingham today to announce plans for greater economic growth.
A Report is being launched today by Lord Heseltine, exploring ways of stimulating economic growth in the West Midlands.
Lord Heseltine was given a warm welcome at Birmingham's town hall as he addressed members of the city's private and public sector.
Former deputy Prime Minister Lord Heseltine is in Birmingham today to announce an £11bn government investment for the Midlands.