£32bn high speed rail link between London and Yorkshire has been revealed.
At a cost of £33 billion, this train line is neither cheap nor very popular with those living along its route.
Unemployment in Yorkshire fell by 9,000 in the three months to August, official figures have revealed.
Labour MP for Sheffield Central - Paul Bloomfield - will hold a debate in Parliament today over 239 job losses in the city. Jobs at the Department for Work and Pensions office are expected to move overseas.
Two in five jobs in the region pay less than the living wage according to the Trades Union Congress.
That's worse than the national average. The figures are released as today marks the 15th anniversary of the introduction of the minimum wage.
The living wage, not to be confused with minimum wage, is £7.65 outside London and is measured by the cost of everyday items such as food, housing and healthcare.
A four-year plan to create more and better jobs in Leeds is being launched today.
A new partnership between the charity, Joseph Rowntree Foundation, and Leeds City Region will work to ensure that people and places in poverty can benefit from economic growth.
The initiative will bring together local employers, local authorities and local and regional politicians to design and deliver new policy initiatives and approaches.
Hundreds of jobs will be created in West Yorkshire thanks to a multi million pound investment from the Government’s Regional Growth Fund, the Deputy Prime Minister will announce today.
Bed manufacturing company Harrison Spinks will get more than £2 million from the Fund to help create 138 jobs and safeguard 40 jobs in Leeds. This will be matched with £4.5 million from the private sector.
They will use the money to further develop a recyclable spring technology to replace foam products in their beds.
Normanton-based company Really Useful Products has also secured £1 million of investment to help create 175 jobs. The storage box company will use the investment to install new machinery and expand their factory. It has also secured nearly £6 million of private investment.
Deputy Prime Minister Nick Clegg said:
“Investment allows these ambitious companies, in Yorkshire and across the country, to grow and create more jobs. It boosts the local economy, and helps fuel Britain’s economy."
Seven hundred jobs are at risk amid fears that Eggborough Power Station may be forced to close by the end of 2015, after the Government confirmed it would NOT fund plans to convert the coal-fired plant to green energy production.
The Energy Secretary announced that only ten green projects would get funding and Eggborough was not on the list.
Gaynor Barnes talks to Paul Cook from Eggborough Power Limited, Operations Officer Paul Tomlinson and Energy Minister Michael Fallon in her report.
Bosses at Eggborough Power Station have today revealed that the decision by the Government not to fund a conversion to biomass burning will mean the plant will close by 2015.
The coal fired station which currently generates 4% of the UK’s capacity was due to undertake a full modernisation including a complete conversion to renewable biomass.
But following the Government's confirmatiuon that it would not fund the conversion, which was due to start on January 6 , 2014, a £17m contract with supply partners for preliminary work on the conversion project that was due to be signed today has been suspended pending further developments.
Eggborough bosses have also announced that work due to start next year to keep its number 2 generating unit online will not now go ahead. The consequence is that Unit 2 would no longer be operational from September 2014, removing 1% capacity from the UK electricity grid.
In addition Eggborough’s management now believes that the plant will no longer be supplying power to the grid beyond 2015.
Eggborough Chief Executive Neil O’Hara said: **“Unless a viable solution is found with Government, the most likely outcome now is that Eggborough will no longer be supplying electricity to the grid beyond 2015.
Impending EU regulation and the escalating impact of the carbon price floor mean this is unfortunately the rational economic conclusion based on the information we have available at this time.”
Seven hundred jobs are at risk amid fears that Eggborough Power Station may be forced to close by the end of 2015 after the Government today confirmed it would not fund plans to convert the coal-fired plant to green energy production.
In a written statement the Secretary of State for Energy and Climate Change, Edward Davey revealed the ten energy projects which would get Government funding and Eggborough was not on the list.
This was despite Selby MP Nigel Adams making a last ditch appeal to the Government to get funding to convert the North Yorkshire plant to burning biomass..
Yorkshire and the Humber could be one of the best places for graduates to find a job come the new year. A study says employers in our region are among the most financially stable.
Technology giant Hewlett-Packard plans to cut more than 1,100 jobs at a number of UK sites in the new year including in Sheffield, according to union leaders.
Unite said the US-based firm will axe 1,124 posts in Bracknell, Sheffield and Warrington, as well as among staff who work from home.
Unite said 618 jobs could be lost at the Bracknell hub, although the employees work at multiple locations; 483 will go at Warrington and 23 at Sheffield.
The company has blamed falling demand and reorganisation for the job losses it wants to implement in the first three months of 2014.
Plans were being outlined at a meeting in Bracknell, Berkshire.
Food giant Nestle, which has a factory in York, is to create 1,600 jobs across the UK for young people over the next three years, and hundreds of paid work experience placements.
The jobs will range from sales assistants to business management as well as working on the shop floor.
Chief executive Fiona Kendrick said: "Sadly, young people are stuck in a catch-22 situation - they can't get a job without experience, but can't get experience without a job.
"As employers we value young people with experience, so we have to provide them with enough opportunities to gain it."
Nestle said it will offer 300 paid work experience placements in its factories, offices and sales teams as well as helping social enterprise group MyKindaCrowd to give skills and training to more than 12,000 school and college students.
The placements will be for four weeks.
Skills minister Matthew Hancock said: "The food and drink industry is facing a
pressing skills gap and it is critical that businesses take action to engage and
attract young people into the sector.
"I welcome all businesses who offer high-quality work experience, which is
vital for youngsters and firms to bridge the gap between school, college and
work and help build a talent pipeline for the future.
"It is encouraging that Nestle, as a large UK employer, are helping to open up opportunities for young people across their business."