The City of Wolverhampton is part of the Birmingham and Black Country conurbation and has a catchment of 1.73 million people within a 30 minute drive time.
This young and vibrant city with a population of 254,000 is one of the top ten growing economies in the UK and is currently enjoying record levels of private and public investment with £3.7 billion pounds being injected into regeneration projects citywide, including £992 million pounds either on site or planned in the city centre alone.
With enviable connectivity to the rest of the West Midlands and beyond, the city’s excellent road, rail and air links put Wolverhampton at the heart of Britain and Europe.
The city’s connectivity is being further boosted by the flagship transport interchange project – £132m private and public investment into a single integrated city centre transport hub, supported by brand new prime office and retail accommodation at i10, and a £35m refurbishment of the city’s main retail centre.
A City of Opportunity
As an integral hub for thousands of successful businesses directly in the middle of the UK, Wolverhampton attracts some of the brightest minds and companies in the country.
Sector leading firms such as Jaguar Land Rover, Marston’s, Moog, UTC Aerospace and Wiggle all call the City of Wolverhampton home and the i54 strategic employment site north of the city centre is the most successful enterprise zone in the country attracting high quality jobs to the area. Jaguar Land Rover’s £1bn investment in a new engine plant at the site is creating in excess of 1,400 jobs and hundreds more in the supply chain.
Whilst the city continues to build on existing strengths in high value manufacturing and construction, it is also developing clusters in other key sectors whilst retaining a strong focus on investing in skills and matching local people to local jobs.
The University of Wolverhampton is investing £250 million into new buildings, education and facilities including the new £18 million Business School and £65 million in the West Midlands Construction University Technical College which will be the biggest centre of its kind in Europe.
Strong cultural, entertainment, sport, leisure and housing offers underpin the city’s economy which is projected to grow 2-3% faster than the national average over the next decade.
On top of the £1 billion of public and private sector investment already either on site or earmarked for the city centre, the City of Wolverhampton will benefit from the Government’s Devolution Deal opportunities which will see £8 billion devolved to the region creating new jobs, better skills, more housing, quicker transport links and better public services.
There are huge opportunities in our city and future success is all the better when it's shared by all. That’s why the city has set out its vision for a sustainable, successful future for the next generation with partnership working at its core. The city already has excellent partnership and collaboration between all sectors at a city-wide and regional level and our Vision 2030 builds on that. Watch the city's young people and the Leader of the City of Wolverhampton Council, Councillor Roger Lawrence, outline the vision for the city's future.