The economic benefits of devolution for Hull and East Yorkshire are moving closer as local council leaders have assembled 22 business leaders to form a new Business Board. The group will provide guidance and support to the Hull and East Yorkshire Mayoral Combined Authority in shaping its economic priorities, including the management of a £400 million investment fund.
ACA’s Operations Director, Amelia Caruso said “I am excited to be part of the business board, representing a small business in the creative industry and to contribute to shaping the vision of this new framework.”
The Hull and East Yorkshire Business Board
Cllr Mike Ross and Cllr Anne Handley recently welcomed members of the Hull and East Yorkshire Business Board at its inaugural meeting, where decided to appoint a Chair during their next meeting in December.
Hull City Council Leader, Councillor Mike Ross, and East Riding of Yorkshire Council Leader, Councillor Anne Handley, will collaborate with the Hull and East Yorkshire Business Board to ensure the business community has a strong voice in regional decision-making.
The creation of the authority was approved by the Government in September, paving the way for a mayoral election in May 2025.
Councillor Ross highlighted the significance of the Board’s formation, emphasising its role in unlocking major investments and shaping new economic strategies.
Councillor Handley echoed these sentiments and underscored the board’s pivotal role in driving the region’s economic growth and maximising the opportunities provided by devolution. She said “We’re looking forward to the benefits of devolution enabling the region to thrive, with the help of the Board’s expertise and guidance.”
The Hull and East Yorkshire Business Board is one of two new strategic advisory groups, alongside a Skills Board, which will support the governance framework of the Hull and East Yorkshire region.
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