Perkins Engines in Peterborough will create nearly 180 jobs over the next three years after the company won a £13million Government grant.
They will use the money to develop low-carbon technologies for diesel engines. Perkins exports to buyers worldwide.
ITV News Central's special series looks at a range of key election issues. In our first Central Issue debate, we look at the economy.Read the full story ›
MPs have decided not provide millions of pounds to keep Thoresby colliery in Nottinghamshire open for a further three years.Read the full story ›
The London Taxi Company in Coventry has announced it's to invest £250million into the business to develop a 'next generation green cab'.Read the full story ›
The London Taxi company is to build a new £250 million pound factory in Coventry.
It will create up to a thousand jobs.
The firm said it's preparing for the next generation of electric and ultra-low emission black cabs.
Jaguar Land Rover is to double the size of its operations at its headquarters in Coventry.Read the full story ›
Heinz is set to buy Kraft Foods Group, creating what the companies say will be the third-largest food company in North America.
The deal was engineered by Heinz's owner, the Brazilian investment firm 3G Capital, and billionaire investor Warren Buffett's Berkshire Hathaway.
Kraft shareholders will receive stock in the combined company and a special cash dividend of approximately $10 billion dollars (£6.7 billion), or $16.50 per share (£11).
Current Heinz shareholders will own 51% of the combined company, with Kraft shareholders owning a 49% stake.
Jaguar Land Rover is investing more than £400m at its factory in Castle Bromwich in Birmingham to build its latest Jaguar XF.
Later this week, Jaguar Land Rover will announce that it's spending hundreds of millions of pounds upgrading the Castle Bromwich factory, so it can build the new car which will be made from aluminium.
The factory nearly closed five years ago under Ford, before they sold the company to Tata.
Global banking giant HSBC has announced the head office of its UK operation will be moving to Birmingham.Read the full story ›
Unemployment in the East Midlands fell by 15,000 in the quarter to January, official figures have revealed.
According to the Office for National Statistics, a total of 117,000 people were unemployed in the region between November and January.
The region's unemployment rate was 5.0% and saw a drop of 11.4% during the period.
Nationwide, unemployment has dipped to a near seven-year low after a fall of more than 100,000, while a record number of people are in work.