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Council leaders have welcomed a 30,000sq ft expansion of a Nottingham business park as a major step forward for the manufacturing industry.
The £7 million scheme, part-funded by £3.8m of European grants, will see 12 new units for food and drink manufacturers built, creating up to 90 new jobs.
Councillor Graham Chapman, deputy leader of Nottingham City Council, said council officers were working to ensure as many of the jobs as possible went to local people.
Manufacturing is an important sector for Nottingham, and this investment will unlock at least 90 job opportunities for the local community, with further jobs available in constructing the new units as well.
Southglade has been a great success and there has long been demand for expansion space, as well as new companies wanting to locate there. This extra cash boost helps the expansion plans to become a reality and will continue to promote the city as a desirable location for food and drink manufacturing in the UK.
Work on the new development is expected to start before the end of the year.
A £7 million expansion of a Nottingham business park begins today, in a move which could help create up to 90 new jobs.
Southglade Food Park first opened in 2005, providing production units to food and drink manufacturers - and has been so successful that they are now looking to create 12 new units.
It currently houses firms including Startfresh, a fresh produce processor, and home baking product company Cake and Biscuits LLP.
It’s hoped the new units will allow some of the existing businesses to expand, while also attracting more firms to the site.
Northampton is to get nearly £70 million to fuel fresh development
The money is coming from a national fund to pay for big improvements. Much of it will go towards creating a new state of the art council HQ.
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The Black Country will benefit from a £12m project to extend the reach of high-speed broadband to 98% of homes and businesses in the region within the next three years.
The scheme has been launched by the government, the Black Country Local Enterprise Partnership (LEP), BT and the government's Broadband Delivery UK.
It is hoped the project will help businesses across the region become more competitive and grow in the UK and abroad.
Small businesses across the Black Country identified slow broadband speeds as a barrier to growth so this partnership is great news for businesses in our area.
The founder of Phones 4u has claimed that Britain's big three mobile network operators made what appeared to be a "co-ordinated attempt to kill off" the retailer.
John Caudwell condemned the decision of O2, Vodafone and EE to cut ties with Phones 4u within the space of six months.
"What I find appalling is the way this has been done - the way the networks seemed to have worked in collusion," he told Sky News. "I'd love to be able to prove that point because if there was obvious proof of collusion, then that'd be extremely worrying."
Mr Caudwell added: "This network decision is extremely callous ... these things do happen but I've never seen such a ruthless, hard-hearted attempt to kill a company in my history in business."
He sold the retailer in 2006 to concentrate on philanthropic activities.
The administrators of Phones 4u said tonight that 362 stores would close with the loss of almost 1,700 jobs.
Rob Hunt, joint administrator and partner at PwC, said: "It is with much regret that we have today made the difficult decision to close a large number of stores. It is a very sad day for the staff working at those locations and our thoughts are with them. We will make every effort to help the affected staff."
A further 720 staff have been kept on to assist with the closure programme.
The mobile phone retailer, which employed 5,600 people, collapsed last week after all three major mobile networks stopped dealing with the chain.
EE said earlier today it would buy 58 Phones 4u stores, saving 359 jobs, in a deal with PwC, while Vodafone said last week it would pick up 140 stores and keep 900 employees on.
EE and Vodafone have bought a number of Phones4u stores in the Midlands after the Staffordshire firm went in to administration last week.Read the full story ›
Network operator EE is to buy 58 Phones 4U stores.
The deal will save more than 350 jobs at the collapsed Staffordshire-based mobile phone retailer.
The firm went into administration last week.
Vodafone said on Friday it would buy 140 stores, securing more than 850 jobs.
EE said the stores and 359 employees will be transferred with immediate effect, although the location of the shops has not been disclosed.
The stores will be re-branded to EE and it is planned that most will be opened in the next week.