A devolution deal which will hand more control to the West Midlands in key areas such as regeneration, transport and skills has been signed.
The move by West Midlands Mayor Andy Street and Levelling Up Secretary Michael Gove follows last week's Budget. The new deal includes a regeneration package worth up to £160 million, control of local spending and retention of business rates.
It should put more cash and power into the hands of local leaders to invest in the priorities in the West Midlands. The deal confirmed includes a host of new measures.