The rose has been named 'Grantham's Thatcher Rose' and will be positioned in the civic area at the Guildhall next to the book of condolences. It will be replanted in Wyndham Park in the future.
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Most parts across the region will be dry but showers are likely as well as brisk winds.
30 firefighters are currently at the scene on Aston Church Road in Nechells. People are being asked to avoid the area.
Goal-scoring recordbreaker Vardy has started every game in Leicester's rise to the top of the league.