Express & Star

Flagsip investment summit shows ‘confidence’ in West Midlands

A major flagship investment summit is to be held in the West Midlands, representing a ‘huge vote of confidence’ in the region.

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Regional Investment Summit – West Midlands 2025 will focus on unlocking investment into the UK’s cities, towns and industrial clusters.

The event will be held in the autumn with more details to be given in due course.

West Midlands Mayor Richard Parker said: “This is a huge vote of confidence in the West Midlands.

“We had ambitious plans for our summit – and now, by working with the Government, we’re making it even bigger and better.

“This will be a national platform to promote investment in our region and a major opportunity to spotlight the talent, innovation and potential of the West Midlands.”

The event, expected to attract investors and business leaders from around the world, will align with the UK’s industrial strategy and highlight the specific investment opportunities in regional economies.

West Midlands Mayor Richard Parker. PIC: West Midlands Combined Authority
West Midlands Mayor Richard Parker. Photo: West Midlands Combined Authority

Chancellor Rachel Reeves said: “Our regions offer huge investment potential that will help drive growth across the country and put more money in people’s pockets.

“I’m delighted to be returning to Birmingham later in the year to bring together investors from at home and abroad with our great regional businesses.

“We know how important regional growth is to deliver a strong national economy, which is why we have announced £2.4bn for the West Midlands to better connect people to the highly skilled jobs, education and social opportunities that drive up living standards and truly put our Plan for Change into action.”

Neil Rami, chief executive at the West Midlands Growth Company, said: “Confirmation that the UK’s inaugural Regional Investment Summit will take place in the West Midlands is welcome news.

“It underscores the region as central to the Government’s ambitions to attract investment, create high-quality jobs and drive long-term national economic growth.

“It presents a unique opportunity for the West Midlands to take centre stage and showcase its strengths to international decision makers.

“As one of the UK’s leading innovation hubs, with exceptional talent, our region is pioneering frontier solutions to some of the world’s biggest challenges.

“We continue to punch above our weight in driving foreign direct investment as global businesses place their trust in the region.

“We look forward to working closely with the Office for Investment and the WMCA over the next few months to shape the inaugural Regional Investment Summit and maximise its value to the region. It starts in the West Midlands.”