Summer Budget: No firm commitments on Midlands devolution but region can prove its credentials, says KPMG

Summer Budget: No firm commitments on Midlands

Mike Steventon, Regional Chairman for KPMG in the Midlands, comments on the lack of concrete announcements on Midlands devolution.

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Commenting on the lack of concrete announcements on Midlands devolution, Mike Steventon, Regional Chairman for KPMG in the Midlands, said:

“It is disappointing that today’s Budget has seen no firm commitments on devolution within the Midlands just days after the naming of the West Midlands Combined Authority, although a nod was given to the ‘strong and coherent plans’ produced. Allowing people to make decisions on what affects them locally can only be a positive step forward and one we’ve been working towards within our region for some time. Such a move would have the power to positively impact on the economic growth of the region, not just through increased control over funding and decision making, but by harnessing the wealth of experience, understanding and passion of those living and working here.

“The subtext behind the lack of precise commitments seems to be that the stumbling block is a lack of elected mayor, although the clear positive for our region is that those discussions have already begun. Therefore, we must keep the lines of communication open and continue to demonstrate we are capable of taking on more responsibility and power over our region, speaking with one voice and working effectively together. By taking this approach, we can prove the Government can trust our region to make the decisions that are right for us.”

 

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Frances Shennan, KPMG Corporate Communications

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About KPMG

KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 12,000 partners and staff.  The UK firm recorded a turnover of £1.9 billion in the year ended September 2014. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 162,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.

This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.

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