The leader of Northamptonshire County Council says forming a ground-breaking alliance with two other counties would bring billions of pounds worth of investment and create thousands of new jobs in the area.
Northamptonshire, along with Oxfordshire and Buckinghamshire are going to put a joint devolution bid to the Government this summer.
Whilst keen to stress this would not merge the council councils, they would work together on key issues.
The county council says the alliance would ‘swell’ economic growth by a further £9 billion, creating at least 135,000 new jobs by 2020.
"This area has an economy larger than that of Greater Manchester and we'd like similar devolved powers, over transport and strategic planning in particular.... As the name suggests, England's Economic Heartland is one of the powerhouses of the UK economy but we believe we can further build on our competitiveness in global markets with this innovative new model, and help ensure the UK is an even more prosperous major economy.
Five hundred new jobs are to be created in Dunstable as online shopping giant Amazon creates a new warehouse there.
The company, which is based in Milton Keynes, is opening a huge new 'fulfilment centre' - roughly the size of four football pitches - off Boscombe Road.
It'll begin to process customer orders in the Autumn.
The new site in Dunstable will work with Amazon's existing fulfilment centres across the UK to ensure that millions of customers receive their items on time and in perfect condition.
Amazon already has eight fulfilment centres in UK, which are located in Doncaster, Dunfermline, Gourock, Hemel Hempstead, Marston Gate, Peterborough, Rugeley and Swansea Bay.
Together, more than 7,000 permanent employees work at the centres.
"Over the last two years, we have added well in excess of 2,000 new employees to our UK workforce and we are delighted to be able to create a further 500 permanent jobs at our new Dunstable centre. We look forward to our Dunstable centre playing an integral role in providing a first class shopping experience for customers across the UK, Europe and the world."
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.
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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
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