Welcome to the Annual Economic Review

2015

#bccsymposium Lowell Williams Principal Dudley College Cllr. Roger Lawrence Chairman Black Country Consortium Sarah Middleton Chief Executive Black Country Consortium Ltd Global Economy in 2014

Continued Uncertainty UK Gross Domestic Product Growth Rate %

0.4 Black Country GVA, 1997-2013 GVA Growth Rates, 1997-2013 2nd Highest LEP GVA Growth

Manchester

Black Country

9 Black Country Ambitions Black Country Performance Management Framework PMF & SEP Black Country Output Gap Black Country

PEOPLE

Black Country Population Black Country - The 11th Core City Pupils Attaining 5+ GCSEs A*-C (including English & Maths)

Source: Department for Education, 2014 GCSE School Performance 2013 2014 Above Average Above Average

35 35

59.2% National National Average Average 53.4%

44 44

Below Average Below Average Change in School Performance

Below National Average In 2013 , but Above in 2014

- George Salter Academy Above National Average - Stuart Bathurst In 2013 , but Below in 2014 - Abu Bakr Girls - The Crestwood School - Perryfields High - Brownhills - Phoenix Collegiate - Palfrey Green - RSA Academy - Shire Oak Academy - Tettenhall College - Coppice Performing Arts - Deansfield - Wednesfield High Qualification of Working Age Population

Source: ONS, 2013 Working Age Population with No Qualifications

Source: ONS, 2013 Working Age Population with NVQ Level 4+ England

Black Country

Source: ONS, 2013 Apprenticeship Starts Apprenticeship Starts by Sector Transformational Sectors 6,150 Apprenticeship Starts by Sector 5,050 Apprenticeship Starts by Level 6,800 New Workforce Jobs Rebalancing the Economy

78% 79% 81%

2013 Economic Activity Employment Rate

England

Black Country

Source: ONS, 2013 Net Migration of Unemployed People

+ 200 + 400 Walsall W’ton

Sandwell Dudley + 500 + 50 Black Country Worklessness Breakdown of Worklessness Benefits, 2014

EUSIF £153m Youth (16-24) Claimant Unemployment Rate

England Average Health

Black Country Eng England Range Indicator 2013 (Black Country) Value Avg 2014 (Black Country) (2014)

Infant death 6.5 4.1

People diagnosed with Diabetes 7.5 6.0

Deprivation 45.3 20.4

Children in Poverty 28.3 20.6

Homeless 2.9 2.4

Smoking during pregnancy 15.3 12.7

Alcohol-specific hospital stays (under 18) 50.8 44.9

Obese children (Year 6) 23.7 18.9

Drug Misuse 11.3 8.6

Teenage pregnancy (under 18) 40.2 27.7

Source: Association of Public Health Observatories, 2014 % of Adults Participating in Sport at least Once a Week for 30 Minutes How Do We Compare?

2013 2014 Rank CSP Rank CSP 45 Northumberland 45 Black Country 46 46 Durham 47 Lincolnshire 47 Lincolnshire 48 Bedfordshire 48 Northumberland 49 Black Country 49 Birmingham

20,000 (5%) from South Our Workforce South Staffordshire Staffordshire Consists of :

26,800 Black (7%) Country from We Birmingham 297,966 Provide (76%) Live & Work in the Black Country Birmingham

9,000 (34%) of South Solihull Staffordshire’s Workforce 64,000 (15%) 4,000 (5%) of Birmingham’s of Solihull’s Workforce Workforce Crime per 1,000 population Black Country

BUSINESS

Black Country Business Base Business Birth Rate per 10,000 population REGIONAL GROWTH FUND

RGF £72m •Export expert •Leadership Development •Sales and Marketing •Pre-Investment Advice •Access to Finance •Resource Efficiency •Product Innovation

Growth Hub £11m Green Shoots £4m Transformational Sectors % aged 16 to 74 that work in the Manufacturing industry.

Census data (c) Crown Copyright Office of National Statistics. DataShine Census is produced by the BODMAS project at UCL CASA Contains Ordnance Survey data (c) Crown copyright & database right 2014. % aged 16 to 74 that work in the Manufacturing industry.

Ranked 8nd in UK

Census data (c) Crown Copyright Office of National Statistics. DataShine Census is produced by the BODMAS project at UCL CASA Contains Ordnance Survey data (c) Crown copyright & database right 2014. Enabling Sectors Creative & Cultural Sector

Doing Going Cultural Going Business Global Showcase Local

Visitor Economy Strategy for Black Country & Greater Birmingham LEP areas Strategic Companies International Trade

West Midlands ranks 1st for percentage of Exports in Machinery & Transport

7,000 Exporting Companies Black Country

PLACE

Environmental Infrastructure Objectives Employment Land

Enterprise Zone £770m +875ha High Quality Employment Land required

Opus Blueprint, PWLB £120m Housing

Wergs Road, Tettenhall – 62 homes Spring Road, Willenhall – 112 homes JCS Target of +63,000 net new homes by 2026 30 developmentsc. +45,400 providing remaining over 4,000 homes c. 36,000completed target required / commenced from Growth in 2014 Network c. 31,000 identified High Street, Wollaston– 150 homes Alexandra Road, Tipton – 143 homes 2014 Infrastructure Developments

University of Wobaston Road / Vine Island, Wolverhampton Jhoots Pharmacy Headquarters, Dudley College Walsall Gigaport

West Bromwich Building Society New Market Place, Dudley Town Centre

Bus & Rail Interchange, Portal Project, Dudley LGF 2015-21 £164m Cradley Heath Broadband

• 470,000 premises (91%) with Superfast Broadband available

• £12m investment enabling an extra 34,000 premises (+7%)

• Voucher Scheme

Cllr. Roger Lawrence Chairman Black Country Consortium Questions & Answers Cllr. Roger Lawrence Chairman Black Country Consortium All mapping in this presentation is subject to the following statement: © Crown Copyright and database right [2015]. Ordnance Survey [100046698] You are not permitted to copy, sub-license, distribute or sell any of this data to third parties in any form