Facts & figures

Growing the UK economy through a Midlands Engine



Additional facts

  1. The WM region is home to strategically important businesses including Cadbury, Deutsche Bank, JCB, JLR, SCC, ZF Lemforder, IMI, Aston Martin, BMW, Rolls Royce, Alstom, Ricardo, Lear, Unipart, Bosch, Eon, GE Energy, Carillion and GKN
  2. The West Midlands is home to some of the fastest growing SMEs (Small and Medium-sized Enterprises) in Britain (Inspire Britain 2015 report by the London Stock Exchange) – these companies have on average doubled their revenue in the last four years
  3. The region is home to almost 10% of UK Research & Development expenditure, much of which is delivered in partnership with local universities
  4. The region generated a rise in private sector employment of 120,000 jobs between 2009 and 2014. There are 1.4 million private sector jobs in the West Midlands Combined Authority area.