Devolution, batteries and Brexit
In a speech entitled 'Boosting earning power everywhere' the Secretary of State for Business, Energy and Industrial Strategy, Greg Clark, unveiled some big plans whilst visiting the University of Birmingham.
The Secretary of State highlighted how the University’s founder Joseph Chamberlain would be immensely proud of the impact the University is having on the city, West Midlands and wider world. The Minister went onto discuss the implications of Brexit and how the UK, with the West Midlands playing a leading role, needs to strive to be a global champion of free trade, and to increase the complex exchange of products and services between countries.
The recently elected Mayor of the West Midlands Combined Authority, Andy Street, was also present. During his speech, the Mayor stressed his commitment to starting the second tranche of devolution talks as soon as possible. Greg Clark echoed this with an announcement that talks to agree a further devolution package would commence in the coming weeks.
The Secretary of State also announced the launch of the £246 million Faraday Challenge to boost expertise in battery technology. He praised the region’s fantastic and growing expertise in energy research, including the University’s own Energy Institute and the Energy Systems Catapult and the Energy Research Accelerator located in the West Midlands.
Read the full transcript