Your monthly update on how English regions are delivering growth and creating a thriving business environment.
18 Apr 2023, 6 min read
We’re committed to ensuring your voice is heard in your region. And that real, practical change can be driven to boost productivity and prosperity. That’s why the CBI sits on business groups across Mayoral Combined Authorities (MCAs) and Local Enterprise Partnerships (LEPs) in the regions, making sure that business’s voice is central to their plans to drive growth across all English regions.
This monthly update gives the latest news from across the regions focused on the CBI Seize the Moment priorities – to achieve net zero, drive innovation, put business at the heart of UK trade policy, shape a more agile skills system, and instil a culture of valuing health more as a nation.
Latest headlines
- As part of the chancellor's budget, the government is considering withdrawing support for local enterprise partnerships by 2024 and transferring their responsibilities to local authorities. This would affect England's 38 LEPs responsible for local economic development. The CBI is concerned that this could leave the business community without a voice over decisions made to boost the economy in their regions.
- The government has announced a new multi-billion-pound plan to boost Britain's longer energy security through clean and affordable energy. Power up Britain Energy Security Plan will consist of 12 measures to push down bills for businesses and households. Plans will include support for offshore wind, a boost to roll out EV charging points, and a commitment to carbon capture and storage.
Decarbonisation
- Yorkshire and Humber: enfinium and Navigator Terminals have signed a Memorandum of Understanding to collaborate in developing Britain's first carbon capture rail corridor. CO2 captured at enfinium's Ferrybridge facilities will be transported by rail to Navigator's storage facilities in Teesside. Bechtel will support the feasibility underpinning the concept.
- North West: Electricity North West announced they would invest more than £2bn into the North West's power network. The operator intends to reduce custom
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