A haulage firm based in Suffolk has been placed into administration - and most of its 224 workers made redundant.
Deben Transport, which has its head office at Felixstowe, operates seven sites in total across the country.
At its height, it had a turnover of about £30m but has recorded losses in its last two years of trading.
A spokesman for Ensors Accountants confirmed it had been appointed administrators of the business after cost-cutting measures and a recovery plan put in place by managers failed to turn the company around.
"Once the financial position became apparent there was no option other than to cease trading immediately.
"Efforts were made to assign certain of the company’s contracts but this proved not to be possible and, regrettably, the majority of the workforce had to be made redundant once administration was inevitable."
Perkins Engines in Peterborough is to create about 175 jobs over the next three years after the company won a £13 million Government grant.
Perkins has turned around its fortunes, after making hundreds of staff redundant in 2009 as profits struggled during the recession. The company exports off-road diesel engines to buyers worldwide and will use the money, secured through the Advanced Propulsion Centre, to develop low-carbon technologies for running diesel engines.
"This collaboration with DENSO INTERNATIONAL UK, Loughborough University, Imperial College London and CMCL Innovations, each of who we have worked closely with over the years, is focused on engine performance, fuel economy and exhaust emission improvements and will support the development of innovative technologies for off-highway diesel engine applications.”
Workers at a food processing factory in Norfolk who are set to be made redundant at the end of the month have been given fresh hope.
Heinz has agreed to sell its frozen potato factory at Westwick, near North Walsham, to Albert Bartlett.
The site is set to close at the end of the month, making 200 staff redundant.
Heinz announced the closure at the end of last year after losing its contract with the owner of the Aunt Bessie's brand.
Police could soon have the power to impose £75 fixed penalty fines on anyone caught drinking alcohol in parts of central Cambridge.Read the full story ›
Work is finally due to start on the long awaited Stanton Cross development in Wellingborough, Northamptonshire today.
It'll increase the size of the town by a third - creating three thousand new homes, a new school, and shops and offices.
It's got the go-ahead after the council was given permission to use a crucial piece of land needed for the site's main road.
The project has been in the pipeline for nearly two decades.
Peterborough is now a 'Gigabit City' with access to some of the fastest internet connectivity in the UK.
CityFibre has finished work to install a CORE network with 90km of pure fibre network around the city to create a new start-of-the-art digital infrastructure.
Businesses and public sector sites including Peterborough City Hospital and schools can connect to the network and access speeds of up to 1000Mbps.
"In less than one year Peterborough has been transformed into a Gigabit City. With a future-proof digital infrastructure at its heart, Peterborough has a digital head-start on the rest of the country. Its public sector is already more efficient and capable of innovation while its business community is becoming more competitive and productive."
"We cannot overstate the value of a gigabit speed digital infrastructure to our city. As a Gigabit City, we have a significant competitive advantage over other areas and are able to lead the way with an innovative and integrated digital strategy. Businesses are hungry for bandwidth and we recognise that because of this network, Peterborough is becoming an even more attractive place to build a business. "
107 public sector sites will eventually connect to the service.
The horse racing industry in Newmarket has welcomed new proposals to change betting laws announced in George Osborne's budget.
Currently if bets are placed online, bookmakers who operate abroad don't have to pay anything to the racing industry.
But new laws proposed by the Chancellor could change that, meaning more money will go into the racing infrastructure. And that could mean more jobs here in our region.
Click below to watch a report by ITV News Anglia's Tanya Mercer
A four-year-old girl from Norfolk has a new prosthetic hand - thanks to an IT expert in Milton Keynes and his 3D printer.Read the full story ›
The University of Hertfordshire has developed robots which could help older people stay living independently.Read the full story ›
The world's largest container ship is heading for the Suffolk coast. 395 metres long and 58 metres wide, the MSC Oscar is due to dock at the Port of Felixstowe this afternoon.
In January the world's previous largest container the CSCL Globe, which carries up to 19,100 containers, docked at the Suffolk port. With a maximum capacity of 19,244 containers the MSC Oscar, owned by the Mediterranean Shipping Company, is even bigger.
Hundreds of ship-spotters are expected to be at the harbour to see The Oscar arrive. She is due in between one and two o'clock this afternoon.