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."
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It will remain largely dry with clear spells and light winds tonight. Tomorrow, largely dry with the odd shower.
Rain in the far east dying out this evening. Thursday should see some good sunny spells and light winds, with the odd shower.
Leicester-based energy firm Mark Group Ltd has gone into administration with the loss of 939 jobs.