The letter outlines the Board’s strong belief that devolution will empower local leadership, attract significant investment and drive economic growth across the region.
Suffolk’s £21 billion economy is among the best-connected in the UK, home to globally recognised businesses and thousands of ambitious enterprises. The Suffolk Business Board, comprising leaders from key sectors across the region, is spearheading a new economic strategy aimed at accelerating inward investment, job creation and skills development.
The letter states:
“The ambitions and opportunities business can deliver needs the active support of a streamlined governance structure that can help create the conditions for growth. Which is why, as local business leaders, we endorse the proposal to create a Mayoral Combined County Authority across Norfolk and Suffolk – a transformative opportunity to unlock growth, give more power and decision-making authority to local people and shape a more prosperous future for our region.”
The letter highlights the benefits of devolution, including local decision-making, guaranteed long-term funding and greater influence at the national level.
“Devolution means decisions made closer to home, by people who understand our local strengths, challenges and ambitions and want to help make things happen. It offers the opportunity to create high-quality jobs, attract long-term investment – including for vital improvements to infrastructure – and transform the delivery of public services in a way that reflects Suffolk’s unique character and needs.”
The Suffolk Business Board stresses that a directly elected mayor would provide strategic leadership and accountability to deliver on key priorities such as regenerating Ipswich, expanding clean energy innovation in East Suffolk, and growing the region’s digital and technology sectors.
The letter also underscores the successful track record of collaboration between Suffolk and Norfolk, which has already attracted over £1.3 billion in investment and created and safeguarded more than 15,300 new jobs in recent years.
Read the full letter:
