West of England
Background and deal
The West of England Combined
Authority was formed in
2017, with the explicit aims of
championing the region and driving clean and inclusive economic
The West of England currently sits as an economic leader within
the UK, with an economy worth over £33 billion a year. With a
population of over 1.1 million people, one of the highest rates
of employment in the country (79 per cent), and over 45,000
businesses, it is clear that the West of England is a place where highly
skilled people work, where ideas flourish and where businesses grow.
Home to the cities of Bristol and Bath, the Combined Authority
covers much of the previous Avon authority area, abolished in 1996,
though it now has a much different purpose and set of functions.
The West of England hosts world-leading clusters in sectors such
as aerospace and advanced engineering, financial and professional
services, creative and digital. More recently, emerging businesses
in areas such as robotics, artificial intelligence, driverless cars and
‘Internet of Things’ have put down roots here.
But the region’s successes bring challenges. Its population is growing
at a faster rate than other city-regions,
and so the strain on
the transport network, housing
supply and digital infrastructure
is growing. Also, some
residents and communities are
disconnected from the broader
success of the region.
West of England Combined
Authority constituent authorities
Bath & North East Somerset, Bristol
City and South Gloucestershire.
West of England key statistics
l £33.5bn in GVA in 2017
(+ 2 per cent)
l 79.1 per cent employment in 2018
(+ 0.5 per cent)
l Average house price of £285,862
in Dec 2018 (+ 3.4 per cent).
Source: WECA Quarterly Economic Bulletin