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EG Property Podcasts

EG’s Office Politics meets Andy Street

Sep 21, 2023
In this episode, EG's Office Politics meets Andy Street, West Midlands Mayor. Street discusses the importance of storytelling for mayors, his career at John Lewis leading to regional politics, and why Liz Truss may still be right. The podcast covers topics such as investment and development in Birmingham, leveling up funding and fiscal devolution, building a self-sufficient economy, thriving tech sectors and decarbonization challenges in the West Midlands, and implementing sustainable decarbonization in the residential sector.
38:43

Episode guests

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Quick takeaways

  • The West Midlands is experiencing a significant increase in investment, attributed to talented people, excellent R&D, and a focus on critical growth sectors such as advanced engineering and digital.
  • Retrofitting homes to achieve net-zero targets in the West Midlands requires public-private partnerships, financial institution involvement, and a stronger push for sustainable solutions, with the private sector playing a crucial role in driving necessary changes.

Deep dives

Investment and Opportunity in the West Midlands

The podcast episode discusses the West Midlands' attractiveness to investors and developers. The region has seen a 48% increase in investment compared to the previous year, attributed to talented people and excellent R&D from local universities. The focus is on developing critical growth sectors such as advanced engineering, digital, and med tech. The episode emphasizes the importance of skilled workforce and technical education in these areas. The West Midlands is also making progress in housing development, with a particular emphasis on affordable housing and regeneration of brownfield sites. The role of transport infrastructure in driving housing schemes and overall regeneration is highlighted. The episode concludes with a discussion on the move towards fiscal devolution, with a focus on business rates and raising local revenue.

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