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Jobs fair held in Corby to try and find work for staff axed by boat company

Just before Christmas, Fairline boats, based in Northamptonshire announced it was going into administration.

Suddenly 300, mostly highly skilled staff, faced redundancy late in life.

So how much of a struggle is it finding work in your fifties? A special jobs fair has been held in Corby to try to find employment for those who've lost their jobs.

Click below to watch a report from ITV News Anglia's Matthew Hudson

Milton Keynes sees boost to its jobs market in 2015

Milton Keynes. Credit: ITV News Anglia

Milton Keynes has seen a boost to its jobs market over the last three months of 2015.

The latest Quarterly Economic Survey found that manufacturing and service industries are doing well and are increasing their workforces.

Milton Keynes Chamber of Commerce who released the findings says that 80% of businesses have reported a rise in turnover.

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New £369m deal to service Hercules planes secures 1,100 jobs in Cambridge

An RAF Hercules plane. Credit: PA

A deal securing 1,100 jobs in Cambridge has been struck between the Ministry of Defence and aircraft maintenance and design company Marshall.

The government agreed a £369 million deal with the group who have their headquarters in the city.

It means they'll continue to provide service support to the RAF Hercules, a military transport plane, until at least 2022.

1,100 jobs have been secured at Marshall. Credit: ITV News Anglia

“This contract is further evidence of what the growing Defence budget with £178 billion investment in equipment means for the UK.

It will secure around 1,200 skilled jobs and ensure our essential RAF transport aircraft are prepared for operations for years to come.”

– Defence Secretary Michael Fallon

Click below to watch a report from ITV News Anglia's Matthew Hudson

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Northamptonshire boat-building company goes into administration

Fairline Boats has factories in Oundle and Corby Credit: ITV News Anglia

A Northamptonshire boat-building company has announced it is going into administration.

Fairline Boats Limited which specialises in the design, engineering and manufacture of luxury boats currently employs 450 staff across its operations, most are based at its Oundle and Corby factory sites.

Fairline Boats Limited Credit: ITV News Anglia

The company says redundancies are expected, although administrators at FRP Advisory says it will retain a 'core team' to help trade the business and service existing orders.

More cash promised for Suffolk bridge projects

Two new bridges in Suffolk could be a step closer after the Chancellor promised more cash for local infrastructure in the Autumn Statement.

A third river crossing for Lowestoft could be a step closer following the Chancellor's Autumn Statement Credit: ITV News Anglia

The government says it will provide £475 million of investment so local areas can bid for funding for projects such as the Lowestoft Third River Crossing and Ipswich Wet Dock Crossing.

Lowestoft has long campaigned for an additional river crossing as the current bascule bridge causes traffic congestion when raised to let shipping into the port.

Chancellor takes up Colchester MP's charity idea for 'tampon tax'

Colchester MP Will Quince tells Chancellor to give 'tampon tax' to charity. Credit: ITV News Anglia

The Chancellor George Osborne has taken up an idea from the Colchester MP Will Quince for the £15m a year raised from the so-called 'tampon tax' to be ploughed into supporting women's charities.

During his Autumn Statement, Mr Osborne vowed that he was "committed" to persuading the EU to allow Britain to scrap VAT on sanitary items - but in the meantime, it would be put to "good use".

"There are many great charities that work to support vulnerable women and my Honourable Friend, the new Member for Colchester, has proposed to me a brilliant way to give them more help.

"300,000 people have signed a petition arguing that no VAT should be charged on sanitary products. We already charge the lowest 5% rate allowable under European law and we’re committed to getting the EU rules changed.

"Until that happens, I’m going to use the £15 million a year raised from the Tampon Tax to fund women’s health and support charities."

– George Osborne, Chancellor of the Exchequer
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