The Communities Secretary James Brokenshire has announced he is sending in commissioners to take over the governance and strategic financial management of Northamptonshire County Council.
It comes after an independent report found that the Conservative-run authority had lost control of its budgets and failed in its duty to provide best value for money.
Royal Bank of Scotland is to close 162 branches in England and Wales, including 25 in the Midlands, resulting in 792 job losses.Read the full story ›
Following the online banking crisis TSB has also announced customers will not have to pay overdraft charges in April.Read the full story ›
Carpetright's rescue marks another dark day for the sector, which has seen thousands of jobs axed following the collapse of retailers.Read the full story ›
Melrose has succeeded in its hostile bid to take over GKN for £8.1bn after securing the backing of the engineering giant's shareholders.Read the full story ›
Manufacturing giant JCB has announced it is creating 600 news jobs in the next three months in its Staffordshire and Derbyshire plants.Read the full story ›
Barlcays has announced plans for a £370 million lending fund for businesses in the Midlands, in a bid to boost jobs and economic growth.Read the full story ›
Nearly 300 staff have been axed at Russell Hume after the meat supplier collapsed into administration.Read the full story ›
The energy watchdog is investigating Nottingham-based gas and electricity supplier Iresa over its treatment of customers.Read the full story ›