A vision to forge the South West as the UK’s “natural economic powerhouse” has been launched. A partnership of firms based in the region, as well as business enterprise groups, and local authorities - under the banner of ‘the Great South West’ - is looking to promote the region’s marine, energy, environmental, technological and agricultural sectors.
It is hoped the initiative, which has secured £1.5m in backing from the government, can highlight how the area can become a “world leader” in sustainability and a “major contributor” to the UK economy, alongside other regional projects such as the Northern Powerhouse and Midlands Engine.
More than a hundred business leaders, politicians, academics and community Leaders attended a launch event at the House of Lords in Westminster on Tuesday (January 10).
