Statement from Gary Woodman, Chief Executive of Worcestershire Local Enterprise Partnership, following the November Budget 2017

Following the Chancellor’s Budget in November 2017, Gary Woodman, Chief Executive of Worcestershire Local Enterprise Partnership, said: “It is pleasing to hear the Chancellor state that the UK is at the forefront of emerging technology, and it is our ambition for Worcestershire to lead the way in elements of this technological revolution. The Chancellor mentioned the importance of the UK’s Universities in leading this innovation in technology and we are delighted to be working in partnership with the University of Surrey to develop 5G applications, to enable our local businesses to innovate and dramatically boost productivity.

“It is therefore great to hear of the plans for £500m to be invested into artificial intelligence, 5G and Broadband – topics which will feature prominently at our Annual Conference next week on 1 December. If you would like to hear the progress being made in these topics locally, then I would strongly encourage you to register for our conference via the website: www.wlep17.eventreference.com.

“The Chancellor also spoke of the importance of investing in skills and infrastructure to improve the nation’s productivity and this is something we are investing heavily in locally. We have recently seen the completion of skills projects including Pershore College and the Centre of Vocational Excellence, helping to provide Worcestershire with the STEM skills required for the future of business.”