Live updates

National Living Wage announced

Chancellor George Osborne has announced a National Living Wage will be introduced, for working people aged 25 and over.

It'll start in April 2016 at £7.20 an hour and reach £9 an hour by 2020.

More than £800,000 for affordable housing

The money will be used to build 20 affordable homes. Credit: PA

A loan of more than £800,000 has been granted to Eden Housing Association, to help build more affordable housing.

The money is being provided by Eden District Council as part of its £1 million Affordable Housing and Innovation Fund (AHIF).

It will be used to build 20 new affordable homes, in the following areas:

For seven affordable homes on land opposite Dalegarth, in Threlkeld.
For eight affordable homes on William Street, in Penrith.
For five two-bedroom bungalows for people over age 55.

This will create 20 new units of affordable housing and really help to meet the wide ranging housing needs we have across Eden.

AHIF is having a positive impact on the development of housing in Eden and is helping to influence the types of housing that are being developed.

The Eden Housing Advisory Board has carefully considered the merits of these projects and we are very pleased with the quality of the projects we are helping to finance through loans from AHIF.”

– Councillor Lesley Grisedale, Eden District Council



'The real quality lies in the strength, skill and ability of the workforce'

Borders Precision. Credit: ITV Border

The provisional liquidators at a Kelso company that has had to make its 80-strong workforce redundant, say hope for the firm stems from the talent of its workers.

Business Advisory firm Alix Partners have been brought in as potential liquidators at Borders Precision.

Partner Robin Knight told ITV Border that liquidation proceedings have not begun.

We do think this is a good underlying business with potential.

The real quality lies in the strength, skill and ability of the workforce.

They make an excellent product that leads major international names to trade with Border Precision.

We would like to hear from anybody who thinks they could assist in finding a solution that would allow company to continue to trade."

– Robin Knight, Alix Partners

Politicians hopeful of Kelso company 'rescue'

Calum Kerr MP Credit: ITV Border

Berwickshire, Roxburgh and Selkirk MP Calum Kerr says he's hopeful "something could be rescued" at a Kelso firm that has laid off 80 workers.

He met Borders Precision Engineering's provisional liquidators with South of Scotland MSP Paul Wheelhouse, to discuss the future of the company, and its staff.

Last Tuesday the company announced 80 members of staff were to be made redundant at short notice, with a week's pay.

Following talks with the provisional liquidators, Kerr says they told him there has been some interest regarding a potential takeover of the firm.

What we heard today from the provisional liquidators at Alix Partners is heartening.

I wouldn’t want to raise false hopes, but there does seem to be a possibility that something could be rescued and Paul and I now plan to pursue that as hard as we can.

We're grateful to Alix Partners, who are clearly doing everything they can to resurrect the plant and operations as a going concern. However, they have to act in the best interests of the creditors and can't keep the offer of a sale on the table forever.

I'd urge anyone who thinks they may be interested in taking over the business to get in touch without delay. There's clearly a limited window in which investment can be achieved, but this is a great opportunity for someone out there."

– Calum Kerr MP
Paul Wheelhouse MSP Credit: ITV Border

A number of the employees have been asked back to help fulfil contracts with important customers, while attempts to find a buyer take place:

This clearly is a hugely worrying time for the workforce and their families, a number of whom have been in contact, and Calum and I are keen to do everything we can to help.

While we have to be cautious, the provisional liquidator gave us some positive messages today and are taking a very constructive approach and we're greatly encouraged by that.

Border Precision has been a business with a great reputation, an excellent workforce and engineering skills that are second to none.

The fact that some of the employees have been taken back to fulfil existing contracts can only be a good sign. Let's hope it signals that the excellent workforce at Border Precision may yet have a future."

– Paul Wheelhouse MSP

Borders Precision Engineering specialises in the production of high quality components for industries including the aerospace and military sectors.

Load more updates