The Midlands Engine, an initiative established in 2015 to promote investment and economic growth across the region, will be wound down as its government funding ends in March.
The organisation, which worked with local government, business leaders, and universities, stated that its focus in the coming months will be on concluding key programmes and ensuring a smooth transition. Elected mayors in the East and West Midlands have already taken over many of its functions.
The Midlands Engine highlighted its achievements in attracting investment and strengthening regional collaboration but confirmed that its operations will cease due to the funding cut.
