The Confederation of British Industry (CBI) has presented its vision for the economic future of Hull and East Yorkshire ahead of the upcoming mayoral election. The new directly elected mayor will have control over a budget exceeding £400 million and additional funding for transport, economic growth, and skills development. This marks a significant opportunity for the region to focus on industrial transformation and create a more competitive local economy.
The CBI’s manifesto calls for the new mayor to focus on key areas, including attracting investment, supporting businesses, achieving net-zero emissions, and enhancing productivity. The organisation stresses that a strong, collaborative approach involving both regional and business leaders will be essential to unlocking the region’s full potential.
As part of its recommendations, the CBI highlights the need for improvements to infrastructure and transport, initiatives for industrial decarbonisation, and the development of a robust local growth plan. By prioritising these areas, the CBI believes the region can foster a thriving economy, particularly in sectors like clean energy and advanced manufacturing.
