Roger Lawrence the leader of Wolverhampton City Council says the construction of i54, the new junction off the M54, is the biggest single investment in the UK in the last decade.
Jaguar Land Rover are building their new engine manufacturing plant on the site.
It is hoped that they will help to draw more businesses onto the site, creating more jobs.
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The fashion company behind a dress that has sparked a massive internet colour debate is based in Erdington in Birmingham
Cloud will gradually thicken spread in from the west by dusk. Outbreaks of rain turning persistent later.
Cloud will spread to all parts overnight, bringing outbreaks of rain.