Jobs, skills, transport, science, and quality of life are at the heart of the six-point long term economic plan to make the Midlands the Engine for Growth in the UK, announced today by the Prime Minister and Chancellor.

The Prime Minister and Chancellor today set out their six-point long term economic plan for the Midlands showing what has been delivered, what is underway and what more can be done to make the Midlands an engine for growth.

In a speech at Bombardier in Derby, David Cameron and George Osborne set out the detailed plan as part of a two day tour of the region.

The plan aims to raise the long term growth rate of the Midlands to at least the forecast long term growth rate of the whole UK – adding an extra £34 billion to the Midlands economy in real terms by 2030, equivalent to over £3,000 per person.

It will also create 300,000 extra jobs in the Midlands by backing the core strengths of the local economy like advanced manufacturing and engineering.

Prime Minister, David Cameron said: “We are building a more resilient economy to benefit hard working people across the Midlands, from its great cities to the stunning countryside of the Derbyshire Dales.

“We are already seeing more jobs and greater growth in the region, but we want to see more. That’s what our long term economic plan will do – it will help the region build on its success and create new opportunities through massive investment in infrastructure and housing.”

Chancellor of the Exchequer, George Osborne said: “Our long term economic plan for the Midlands aims to make it an engine for growth in the UK to ensure that we have a truly national recovery.

“Under this government, the Midlands has been growing and creating jobs faster than the average for the whole of the UK.

“The challenge now is to sustain this which is why the Prime Minister and I are here today setting out our long-term plan to create 300,000 new jobs, boost the Midland’s growth by over £30 billion and significantly improve the quality of life.”