Decision details

(1)      The latest economic intelligence about how the COVID-19 pandemic and the introduction of the Trade and Co-operation Agreement had affected the region’s economy was noted.

(2)      The implications for the West Midlands of the 3 March Budget and ‘Plan for Growth’ were noted.

(3)      The response and recovery planning undertaken to date, including a review of the business support system and development of finance instruments to support growth companies, were endorsed and the further development of recovery plans with partners, linked to five major challenges set out in the report, was supported.