:00:00. > 3:59:59life changing experience. The question is whether the Games will
:00:00. > :00:18.deliver a and a plan to bring a ?130 million
:00:19. > :00:23.of investment to the city. It comes with the promise of hundreds of jobs
:00:24. > :00:26.and growth. Peterborough already has one of the fastest growing private
:00:27. > :00:29.sectors in the country with almost 4,000 created in one year, thanks to
:00:30. > :00:44.new business. Just today a new distribution park opened which could
:00:45. > :00:48.lead to a further 8,000. Finished and ready for the first
:00:49. > :00:54.company to move in, a parcel delivery business. On its conveyor
:00:55. > :00:57.belt, `` when the conveyor belt is finished, more than 50 will work
:00:58. > :01:04.here. We run a model telling us where growth is going to be. We have
:01:05. > :01:09.double`digit growth as a company and Peterborough is a hotspot we have
:01:10. > :01:14.recognised. So we have decided to invest and move here.
:01:15. > :01:19.This is the first warehouse on a 240 acre distribution park. Peterborough
:01:20. > :01:23.is home to one of the fastest`growing private sectors in
:01:24. > :01:28.the country. A city soon to see more private investment. ?130 million
:01:29. > :01:33.worth. Money held in an account overseas, opened by the council It
:01:34. > :01:38.is a mix of investors, sovereign funds, I wealth individuals, and
:01:39. > :01:44.pension funds. It is a different way of doing things. The reality is that
:01:45. > :01:47.councils have historically relied on government funding to unlock
:01:48. > :01:50.development and that is no longer there are so we have to work in a
:01:51. > :01:54.different way. Money from the overseas fund would be used to buy
:01:55. > :02:01.council property and on it would be built houses and businesses, which
:02:02. > :02:04.the council say would generate wealth. But some are concerned about
:02:05. > :02:07.who may invest in the city. It is about being able to see clearly
:02:08. > :02:13.where the investment is coming from. As a local authority, we need to be
:02:14. > :02:16.principled and we need to have ethics. We need to make sure we are
:02:17. > :02:22.getting money from sources that are sound. They say the Peterborough is
:02:23. > :02:26.open for business. The city is attracting big investment from home
:02:27. > :02:31.and abroad. And with that, the promise of many, many more jobs
:02:32. > :02:36.Meanwhile in Corby, 900 jobs are at risk at Solway Foods, with losses
:02:37. > :02:39.now described as 'inevitable'. The company which makes salad products
:02:40. > :02:42.is one of the town's biggest employers. A few weeks ago it said
:02:43. > :02:45.it was considering closure. Now a multi`agency taskforce has been set
:02:46. > :02:58.up, but it's not overly optimistic about jobs. I do not believe that
:02:59. > :03:05.they can all be saved. Because the company are obviously losing money,
:03:06. > :03:13.having a lot of difficulties. But I believe, and would love to see
:03:14. > :03:19.Solway running, probably in different premises, far more
:03:20. > :03:21.efficiently and making profits so that they are there for the long
:03:22. > :03:24.term. Major roadworks are due to start on
:03:25. > :03:28.the M1 near Luton airport, with holiday`makers advised to allow an
:03:29. > :03:31.extra hour so they don't miss their flight. As part of a ?30 million
:03:32. > :03:34.pound scheme, the roundabout at Junction ten is being replaced by a
:03:35. > :03:37.3`lane carriageway, linking the motorway to the airport. The
:03:38. > :03:43.junction will be closed overnight for several nights from March the
:03:44. > :03:51.4th. But lane restrictions will be in place for 18 months.
:03:52. > :03:56.Luton has been closed for business for a number of years. The traffic
:03:57. > :03:59.queues have been so great that it has put people off investing in the
:04:00. > :04:02.town and those that have come to invest here have often found that
:04:03. > :04:06.they have had objections from the highways agency, saying that if you
:04:07. > :04:11.do that, it will put more traffic through the junction. It is an
:04:12. > :04:15.excellent location and this link will provide a link from one of the
:04:16. > :04:19.major motorways in the country to the airport. We have worked with the
:04:20. > :04:23.contractors to reduce the closure period so that the closures are from
:04:24. > :04:26.8pm until 4am. New trains for the region's busiest
:04:27. > :04:29.commuter routes have been unveiled to passengers. They promise less
:04:30. > :04:35.crowding, faster journey times and more destinations. But we'll have to
:04:36. > :04:42.wait a few years until they're in service.
:04:43. > :04:46.Travelling by train can be a tight squeeze. There are more passengers
:04:47. > :04:51.than ever before. But help could be at hand. In Cambridge, they recently
:04:52. > :04:58.had a revamp to accommodate trains with 12 carriageways. `` carriages.
:04:59. > :05:02.In three years, the majority of fast and semi`fast services to King's
:05:03. > :05:07.Cross will be made up of a dozen carriages. And that is not all. More
:05:08. > :05:12.than 100 of these new electric trains are being built with more
:05:13. > :05:17.space, climate control, digital displays and baby changing areas.
:05:18. > :05:27.There is more space at four level. They are coming in in 2017. A bit of
:05:28. > :05:32.weight. Yes, but worth waiting for. What is the timetable? The new
:05:33. > :05:37.trains will run on the Bedford to Brighton line in 2016. The following
:05:38. > :05:41.year, they will be on the Peterborough to King's Cross route.
:05:42. > :05:44.And in 2018, there will be direct services across London. Meaning you
:05:45. > :05:50.could travel straight through with your luggage to Heathrow, and
:05:51. > :05:53.perhaps even Gatwick. It will do an enormous amount to decrease
:05:54. > :05:57.overcrowding. The programme is geared up to address the levels of
:05:58. > :06:04.crowding on the route and that capacity is much needed. But if you
:06:05. > :06:07.heading to King's Cross, the new trains will run alongside the
:06:08. > :06:13.existing stock, so you are not guaranteed to catch one.
:06:14. > :06:16.The new fleet of electric buses in Milton Keynes is having problems
:06:17. > :06:19.coping with the weather. The buses run on batteries which are charged
:06:20. > :06:22.wirelessly at points along the route. Five buses had to be
:06:23. > :06:31.withdrawn because water got into the electrics. They've since been
:06:32. > :06:37.adapted and returned to service Time for the weather with Julie
:06:38. > :06:42.During the rest tonight, we will see a band rain moving eastwards. The
:06:43. > :06:52.wind is also picking up at the moment, to a mainly moderates to
:06:53. > :06:55.fresh south`westerly. Tonight will be frost free. Tomorrow morning the
:06:56. > :07:00.last of the rain will clear quickly and then we're left with dry day,
:07:01. > :07:02.give or take a few showers. And hopefully some brightness and
:07:03. > :07:10.sunshine coming through. Temperatures in double figures at
:07:11. > :07:21.best. And we finished the day largely fine and dry. I'll leave you
:07:22. > :07:25.with the outlook will stop on Wednesday, there will be fewer
:07:26. > :07:28.showers around, so a largely dry day, and then outbreaks of rain on
:07:29. > :07:32.Thursday giving way to brighter skies and some showers.
:07:33. > :07:33.rain moving eastwards during Thursday with brighter
:07:34. > :07:33.rain moving eastwards during will be more rain overnight into
:07:34. > :07:42.Thursday. Good evening. We have a spell of wet
:07:43. > :07:45.and windy weather working across the British Isles. Today brought many of
:07:46. > :07:51.us some decent spells of sunshine and it brought us some decent
:07:52. > :07:58.temperatures. In fact, our warmest day of the year so far.
:07:59. > :08:03.At the moment, though, things have changed. This is the gap in the
:08:04. > :08:07.satellite picture. Now, this curl of cloud looks like a snail's shell, it
:08:08. > :08:11.is an area of low pressure that is sweeping wind and rain across us.
:08:12. > :08:14.It's pushed into the west already and is now making rapid progress
:08:15. > :08:21.eastwards, moving into eastern England through the small hours
:08:22. > :08:26.Strong, gusty winds around the Irish Sea coasts. The weather front will
:08:27. > :08:30.weaken as it gets into eastern areas. Behind the weather front
:08:31. > :08:34.things are a good deal clearer and that is the way we will start
:08:35. > :08:37.tomorrow. Our wet and windy weather, the worst of it is out of the way as
:08:38. > :08:38.we look at