Walsall Council has given the green light to the West Midlands ‘Trailblazer’ Deeper Devolution Deal and its accompanying implementation plan. This decision was made during a special Cabinet meeting held on September 20, 2023.
The primary objective of this deal is to stimulate economic growth, rejuvenate the local economy, address housing shortages, promote job creation, and enhance skill development. Additionally, it seeks to capitalise on the region’s existing strengths in the transportation network while advancing the ambitious goal of achieving net-zero emissions.
Councillor Mike Bird, the Leader of Walsall Council, expressed enthusiasm for this landmark agreement, highlighting its alignment with the council’s priorities and its anticipated positive impact on Walsall. He emphasized that the transformation of the borough is already underway, with ongoing initiatives like the Walsall Growth Corridor, brownfield site redevelopment, and improvements to Junction 10 of the M6 motorway. This deal is expected to further catalyse investment in Walsall, bolster economic prosperity, create additional job opportunities, and facilitate the development of high-quality housing for residents.
In essence, this deal empowers local decision-making and fosters collaboration with partners in the West Midlands Combined Authority, with the aim of delivering enhanced benefits to residents, businesses, and communities.
The West Midlands Deeper Devolution Deal received preliminary approval during the Mayor of the West Midlands and Portfolio Leaders’ group meeting on March 10, 2023, and was subsequently announced in the Chancellor’s spring statement. Now, all constituent authorities are in the process of considering and approving the proposals and implementation plan. Pending approval by all constituent authorities, formal ratification of the deal will be sought at the West Midlands Combined Authority board meeting scheduled for October 2023.
This deal marks a pivotal moment in devolution, granting the region newfound powers and control over investments. It also positions the region as an influential player in shaping government policy. The estimated value of this deal is approximately £1.5 billion in funding.
For additional information, please visit the Trailblazing Devolution for the West Midlands page on the official website of West Midlands Combined Authority (wmca.org.uk).