The Deputy Prime Minister was in Oxfordshire today to sign a deal to bring millions of pounds of investment into the Thames Valley - and create thousands of jobs.
It's being called the 'City Deal' and gives local authorities more independence from Whitehall - allowing them to control what's done with £55m of government funding.
The money will establish four innovation hubs - at the science parks at Harwell and Culham - at the Life sciences at Oxford's hospitals - and an engineering hub at Begbroke.
Road and rail networks will also be improved with better public transport links , a new link road between the A40 and A44, and tackling pinchpoints on the A34. Penny Silvester reports.
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Rain becoming more persistent overnight. Rain and cloud slow to clear tomorrow but becoming dry by the afternoon. Some brightness later
Rain becoming more persistent overnight. The rain gradually clearing tomorrow morning then sunny spells for the afternoon, feeling cooler
Becoming brighter with warm sunny spells developing this afternoon but also the risk of heavy showers