Birmingham City Council has announced it is selling off the NEC group. The council, which is facing a £1.1 billion bill for equal pay settlements, says it wants to ensure its existing uses are preserved.
The venue is one of the biggest exhibition centres in Europe and also houses the 16 thousand seat LG Arena which hosts concerts and conventions.
Watch Callum Watkinson's report on the council's decision to put one of the city's best-loved assets up for sale.
More top news
There will be reduced speed limits on parts of the M1 in the East Midlands as work gets underway to create a smart motorway.
Breezy and rather cloudy at times with some showery rain, this mainly in the west. The best of dry, bright and warm spells to the east.
Mild overnight. Mostly dry and warm tomorrow.