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Thomas Cook future looks brighter

Thomas Cook announce plans for "calmer waters" Credit: Rui Vieira/PA Wire

Tour operator, Thomas Cook, has announced a £425 million fundraising with shareholders in a bid to cut debt.

The firm, based in Peterborough, has also revealed details of a £1.6billion refinancing plan. The news comes at a time when trade is "encouraging" and the travel agent say they have seen a 10% reduction in the number of holidays left to sell compared with last year.

Under new chief executive Harriet Green, Thomas Cook also said it cut losses to £275.6 million for the seasonally quieter half year to March 31.

Anglia

Statement from Stewart Jackson MP

“IPSA’s legal proceedings are heavy handed and disproportionate and are clearly intended to bully me into submission. All British citizens are entitled to seek legal adjudication if the State’s actions are unfair or possibly illegal and so I will be forcefully resisting their precipitous litigation. The essence of the dispute is my challenge of the valuations of 2010 and 2012."

"PSA are seeking a cash sum on a so-called capital gain profit on my family home, in which I live and have not sold."

"The money which IPSA is demanding retrospectively is more than the total amount I received when I was claiming mortgage interest and the property is now valued at less than we purchased it for in 2005.

Their assumption is that the value of my property rose by almost 20% over two years whilst house prices fell by 3% in my constituency in the same period."

"At my own expense, I have paid for an accurate recent expert valuation and I have made a reasonable offer to IPSA to settle the matter and reduce the legal costs which will have to be met by the taxpayer."

"My valuation recognises the need for proper recompense to be paid to the taxpayer to reflect their support for my housing costs between 2010 and 2012, in order to fulfil my duties as both a London based legislator and a constituency MP."

IPSA have negotiated with 70 other MPs in a secretive and arbitrary manner but in respect of my case, regrettably, they have refused to negotiate.

I am merely seeking fair play and consistency and will pursue legal action to receive it.”

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Anglia

Peterborough MP Stewart Jackson to be sued by expenses watchdog

Peterborough MP Stewart Jackson is being sued by the parliamentary watchdog
Peterborough MP Stewart Jackson is being sued by the parliamentary watchdog

Peterborough MP Stewart Jackson is being sued by the parliamentary watchdog for not paying back £54,000, which they say he owes. Now the IPSA has issued High Court proceedings.

It calculated that Mr Jackson owes the capital gains on his 2nd home between 2010 and 2012. In a statement, the MP says the legal proceedings are heavy handed and disproportionate and that the property is now worth less than when he bought it.

Anglia

Concerns over Peterborough Prison

Peterborough Prison
Peterborough Prison Credit: Press Association

Peterborough Prison has been criticised by the Howard League for Penal Reform for the number of self-harm incidents which have been recorded there.

The charity says 24 self-harm incidents were recorded every week at Peterborough last year.

Peterborough Prison holds both men and women.

Women represent one in 20 people in prison but they make up half of all self-harm incidents.

JLS will still appear at Birmingham Pride despite split

Aston Merrygold (left) is from Peterborough Credit: PA

Organisers of Birmingham's annual Gay Pride festival have confirmed that JLS will still perform their 60-minute DJ set at the end of May, despite the group’s announcing they’re splitting up.

Last week, Birmingham Pride organisers announced the event’s biggest ever line-up. Alongside JLS, the 2013 festival will also include live performances from Bananarama, Stooshe, Lucy Spraggan, and a DJ set by Paloma Faith.

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National

JLS thank fans after 'phenomenal 5 years'

Boyband JLS, who announced they are set to split, have tweeted:

Jlsofficial?size=bigger

To our wonderfully heart felt fans, we've shared a phenomenal 5 years with you, memories that will never fade. Love you 4ever More! Ori????

From @JLSOfficial on Twitter:
Jlsofficial?size=bigger

JLSters, I'll forever be thankful for all you've done..we have to draw the positives from a sad time..it's been amazing!I love u all..Marv x

From @JLSOfficial on Twitter:

Read more on JLS' split

JLS to split after five years

Boyband JLS have announced they are splitting up after five years at the top of the music business.

The boyband shot to fame in 2008, finishing second to Alexandra Burke on ITV's talent show The X Factor.

Now, after five number one hits and two Brit awards under their belts, they are going their separate ways.

Band member Aston Merrygold, 25, was born and raised in Peterborough.

Anglia

Peterborough woman charged with attempted murder

Detectives investigating a double stabbing in which two men were injured have charged a woman with attempted murder.

West Mercia Police said the 30-year-old was charged on Saturday in connection with the attacks and is due to appear before Peterborough Magistrates' Court today.

The woman, who is from Peterborough, was detained shortly after two men were stabbed in Hereford on Tuesday April 2.

Following her arrest, she was taken to a secure unit for mental health assessment before being rearrested last Wednesday by officers from Cambridgeshire.

Gary Stretch, a 47-year-old man from Peterborough, has previously appeared before Hereford Magistrates' Court in connection with the incidents.

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