Levelling up zones to drive economic growth as part of West Midlands devolution deal
The region’s economy will be powered up by the levelling up zones to be established by the West Midlands Combined Authority (WMCA) as part of the ground-breaking Deeper Devolution Deal. Six zones have already been identified as having the potential to accelerate growth, development and regeneration.
Key investment sites within each will be unlocked by a new agreement with the Government that enables the region to retain Business Rates growth over the next 25 years, worth around £500 million.