Monaco-style street racing is set to come to Coventry next year, becoming the first city in recent times to stage competitive motorsport on its public roads in the UK.
The city council has given the go ahead to the racing by using new government laws designed to allow cities to host motorsport events.
British Formula 3 cars and British Touring Car Championship cars will be among the vehicles used.
The organisers of the Coventry Motofest 2015 event will stage competitive time trials on Coventry's ring road following on from the Government's decision to grant councils powers to turn public roads into temporary racetracks.
Racing will be subject to approval by the Motosport Industry Association (MIA).
The last time competitive motor racing came to a Midlands city was the Birmingham Superprix in the 1980s.
Sponsored by Halfords, racers competed around a street circuit in Birmingham city centre from 1986 to 1990.
"We are so excited to announce competitive motor sport on the Coventry Ring Road.
With Coventry's rich motoring heritage and history, it feels like the right fit to be racing in Coventry and we can't wait to make it happen."
"I'm really delighted that we will see some competitive time trials on our iconic Ring Road as part of Motofest next year.
We have a rich motoring history and I don't believe there is a more appropriate city to host an event like this. Our city centre was transformed into a showcase celebration of the city's rich motoring history but this event also provides a glimpse into our automotive future."
Businesses in the East Midlands are being urged to invest in Uganda, a country which ordered tens of thousands of Asians to leave more than 40 years ago.
Potential investors met with President Yoweri Museveni last night who said the country was safe, stable and prosperous. In an exclusive interview with our reporter Rajiv Popat, the President said there was no chance of history repeating itself.
JCB is to cut 150 office jobs in the UK because of a decline in global orders for its diggers.
The company said the roles would go mainly from the firms base in Staffordshire but other sites could also be affected.
A consultation has begun with staff about redundancies. A decision is expected before Christmas.
The President of Uganda has appealed to businesses in the East Midlands to invest in Uganda, after the country ordered tens of thousands of Asians to leave more than 40 years ago.
Potential investors who met with the president included Jaffar Kapasi, a prominent Leicester Asian businessman.
President Musevi said the country was safe, stable and prosperous and there was no chance of history repeating itself.
He also stated Uganda's economy has been growing at a rate of 6.5 per cent for the last 28 years, and is expected to grow in double digits over the coming years.
Manufacturing is responsible for more than half of the West Midlands' economy, despite reports of its demise, according to a new review out today.
Manufacturing makes an estimated 53 per cent contribution both directly and indirectly to the region's economy, and 30 per cent to the UK as a whole, according to a study by the West Midlands Economic Forum at Birmingham City University.
The findings comes as The Office for National Statistics today hosts an event on The Changing Shape of UK Manufacturing.
Hereford United are due to appear at the High Court later as its creditors try to force it into liquidation.
The club has debts of more than £120,000.
The club was expelled from the Football Conference in June.
Businesses in Nottinghamshire which say trade has been damaged because of works to build a new tramline, have held a street festival to celebrate the completion of the works.
Shopkeepers on Beeston's Chilwell Road say they want to welcome shoppers back to the area. For months, the row of independent stores and restaurants has been cut off from through-traffic. But organisers of today's event say things are about to get better, and that despite the disruption the tram will eventually help local businesses.
It was held in conjunction with the Oxjam Beeston Music Festival, which features more than 70 local artists and bands at 12 venues across Beeston.
Thousands of people from the Midlands will travel to London later to join protests calling for a pay rise.
The demonstrations in London have been organised by the TUC under the banner 'Britain Needs A Pay Rise'.
It follows several days of industrial action by public sector workers from in the region, with nurses, midwives and civil servants taking part.
The government says that the economy is growing. But that is not true for most people’s pay packets.
For women the situation is particularly bleak.
In some parts of Birmingham, such as Erdington and Perry Barr, half the women with part-time jobs earn less than the living wage.
Cadbury says its plant in Birmingham has to "change the way it works" following reports hundreds of jobs will be cut.
The union, Unite, claims hundreds of jobs will go at the plant in Bournville.
It follows plans by the owner, Mondelez International, to spend £75m replacing machinery at the factory to increase productivity.
Our production costs are double those of sister factories in Western Europe and we have to change the way we work to create a modern, flexible, competitive factory.
This change, plus our investment, will secure manufacturing at Bournville for the next generation.”
Birmingham-based Cadbury is to cut hundreds of jobs at its plant in Bournville, the union Unite claims.
It comes following plans by the plant's owner Mondelez International to spend £75m replacing machinery at the factory to increase productivity.
Unite's West Midlands regional secretary, Gerard Coyne, has welcomed the investment but admits there will be job losses.
Unite has worked very hard to reduce the number of jobs at risk to the hundreds and talks are ongoing to further reduce that figure.
We would hope that any job losses could be achieved by natural wastage, reducing the number of agency workers and voluntary redundancy – and we are pressing hard for any redundancy package to be as generous as possible.