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wmca.org.uk

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1

About West Midlands Combined Authority

The West Midlands Combined Authority is a combined authority for the West Midlands metropolitan county in England.

West Midlands Combined Authority Headquarter Location

Birmingham, England,

United Kingdom

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Latest West Midlands Combined Authority News

New tram routes at heart of £1.7bn transport funding bid

Sep 17, 2021

New tram routes at heart of £1.7bn transport funding bid West Midlands Combined Authority outlines huge plans for overhaul of trams, buses and other transport across Birmingham, the Black Country, Coventry and Solihull A bid for £1.7bn in new funding to support transport improvements in the West Midlands has been drawn up Sign up to FREE email alerts from BusinessLive - West Midlands - daily articles, insight and analysis straight to your inboxInvalid EmailSomething went wrong, please try again later. Subscribe We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Thank you for subscribingWe have more newsletters Show me See our privacy notice Transport chiefs in the West Midlands are to bid for £1.7 billion in funding to support a raft of new projects - including four new tram routes. The board of the West Midlands Combined Authority (WMCA) has today approved plans to put in a bid to central Government for transport investment across the region. The so-called City Region Sustainable Transport Settlement bid is intended to support investment from 2022 to 2027. Among the highlights is an extension to the West Midlands Metro along Birmingham's notoriously congested Hagley Road in Edgbaston to Bearwood at least, reports the Local Democracy Reporting Service. WMCA said it hoped the metro would be extended along the road "as far as the business case allows". The line is currently being extended from outside Library of Birmingham along Broad Street to Hagley Road where it will terminate. Known as the 'Westside Extension', it is due to finish by the end of this year. Greater Birmingham Apprenticeship Awards 2021 The event will be held at Edgbaston Stadium in Birmingham on Thursday November 11 and will celebrate apprentices, employers and training providers across 12 categories including our overall Apprentice of the Year. The deadline to enter the awards is midday on Monday September 20 and sponsorship opportunities are also now available. Please email richard.edwards@reachplc.com for details and follow the hashtag #GBAA21 for updates on social media. For more information about our Apprenticeship Awards and other events please visit www.reachplcevents.com. The other planned expansions of the tram network are: - Previously mooted connection between central Wolverhampton and New Cross Hospital north east of the city - A link between Wednesbury and Walsall along a disused railway line - A route between Brierley Hill and Stourbridge WMCA proposals also include the refurbishment of the original tram line between Birmingham and Wolverhampton including an upgrade of overhead cables and power supply. If the authority's bid is successful, funding will also go towards these other transport projects: - Building and opening Aldridge railway station - Developing a business case for theSutton Park railway line which is currently freight only - A new station at Tettenhall - Redevelopment of Solihull station - A rail and bus interchange in Sutton Coldfield - 16 new cycle routes to develop the 'Starley Network' - including an extension of the existing A38 cycleway from Selly Oak to Longbridge in Birmingham and Kersley to Coventry city centre Sign up for your free West Midlands newsletter and follow us on LinkedIn Email newsletters BusinessLive is your home for business news from across the West Midlands including Birmingham, the Black Country, Solihull, Coventry and Staffordshire. - Around 1,000 new electric vehicle charging points and ten ultra-fast charging stations for commercial vehicles - Completion of Coventry Very Light Rail which aims to connect employment sites with the city centre and the railway station - Expansion of bus 'on demand' and other 'demand-responsive' transport - Four new park and ride sites - £8 million towards road safety measures Also included in the report to the board was Dudley Road corridor improvements to support connectivity between Smethwick and Birmingham. The report to councillors at today's meeting said that, although £1.7 billion was being asked for, the amount to come from the Department for Transport was unlikely to be above £1.3 billion and might be lower. The West Midlands will be in competition with other mayoral authorities for the funds. Read More Mayor Andy Street said: "We are already putting unprecedented investment in our transport network with projects such as the new Wednesbury to Brierley Hill Metro extension, the opening of five new railway stations and the roll out of West Midlands Cycle Hire earlier this year. "This new funding will build on that by not only helping us get some projects, such as Aldridge railway station over the finishing line, but set us well on the road to a real revolution in transport for the West Midlands, delivering the next round of Metro extensions, bus routes and train lines that will help our region grow and prosper." At today's meeting, a £540 million package of measures aimed at improving bus services in the region was also approved. These included: - Investment in 68 miles of new bus lanes and priority junctions - Enhanced real time information showing where a bus is - Accurate fastest route information - Greater provision on local networks including evenings and weekends - Move to a new zero-emission bus fleet - Improved safety with increased CCTV coverage The board also approved the submission of a full business case to the Government for 200 new hydrogen double deck buses and 24 articulated hydrogen buses over the next two years. The bid also includes seven electric, single-deck buses for use in Wolverhampton as well as hydrogen refuelling at two bus depots in the West Midlands. The overall cost of the project, if approved by the Government, would be £148.8 million including £54.9 million from the Department for Transport and £91.1 million from operators. Read More

West Midlands Combined Authority Investments

1 Investments

West Midlands Combined Authority has made 1 investments. Their latest investment was in UK Battery Industrialisation Centre as part of their Grant on September 9, 2019.

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West Midlands Combined Authority Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/20/2019

Grant

UK Battery Industrialisation Centre

$20.36M

Yes

1

Date

9/20/2019

Round

Grant

Company

UK Battery Industrialisation Centre

Amount

$20.36M

New?

Yes

Co-Investors

Sources

1

West Midlands Combined Authority Acquisitions

1 Acquisition

West Midlands Combined Authority acquired 1 company. Their latest acquisition was CAF Group on October 17, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/17/2019

$991

Acquired

1

Date

10/17/2019

Investment Stage

Companies

Valuation

$991

Total Funding

Note

Acquired

Sources

1

West Midlands Combined Authority Partners & Customers

1 Partners and customers

West Midlands Combined Authority has 1 strategic partners and customers. West Midlands Combined Authority recently partnered with Pinsent Masons on May 5, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

5/13/2021

Vendor

Pinsent Masons

United Kingdom

Pinsent Masons advises on pioneering West Midlands Combined Authority ‘Help to Own’ home ownership scheme

We look forward to working with Pinsent Masons in the future as we continue our partnership with the West Midlands Combined Authority and CWC joint venture through the next phases of The Marches development . ''

1

Date

5/13/2021

Type

Vendor

Business Partner

Pinsent Masons

Country

United Kingdom

News Snippet

Pinsent Masons advises on pioneering West Midlands Combined Authority ‘Help to Own’ home ownership scheme

We look forward to working with Pinsent Masons in the future as we continue our partnership with the West Midlands Combined Authority and CWC joint venture through the next phases of The Marches development . ''

Sources

1

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