Overview

• The Growth Plan sets targets to boost the region’s £77 billion economy by £17 billion, create 100,000 jobs in fast-growing industries and deliver 120,000 new homes.
• Richard Parker pledged to move away from piecemeal funding bids toward strategic, long-term investment partnerships that attract private finance.
• Five priority sectors—electric vehicles and battery technology, clean energy, health tech, digital and creative industries, and financial services—are earmarked to drive high-skilled employment.
• The initiative won cultural endorsement from Steven Knight, whose prologue hailed a “new West Midlands revolution” and invoked the region’s Industrial Revolution legacy.
• The plan includes actions to reduce poverty, enhance social inclusion and reach net-zero goals alongside infrastructure schemes such as HS2 connectivity and a £3 billion Sports Quarter metro extension.