The pattern I used in the end is quite simple I based it on the Jaywalkers stitch pattern. I used a multiple of 17 stitches, and cast 238 stitches onto a 5.5mm circular needle.
The stitch pattern is as follows: Row 1: *Increase in 1st stitch, knit 6, slip 2 stitches, knit 1, pass both the slipped stitches over, knit 6, increase in next stitch* repeat to end. 2nd row knit. Obviously the great thing about knitting on a circular needle and joining in a new colour each row to form the stripe pattern and fringe, also means that you don't need to purl.