Britain's first nuclear power station for twenty years has moved a step closer to being built in Somerset.
The Chancellor George Osborne has announced fresh investment totalling more than £24 billion during a 5 day tour of China where he is hoping to secure further funding for Britain's nuclear industry.
The plant could provide 25,000 jobs.
The Chancellor George Osborne is visiting the South West today and is expected to unveil a new ten-point plan to “unleash the full potential” of Britain’s countryside.
He's also expected to announce more support for villages and towns wanting to build starter homes on currently so-called exception sites.
A range of other measures including better broadband and transport links will also be included.
Speaking at Appledore Shipyard the Chancellor of the Exchequer says the South West has been for too long neglected and he's here to say that's now going to stop. The region has backed the Conservatives and it's time for the payback.
George Osborne told workers at Babcock's North Devon base that their work on the new Queen Elizabeth class Aircraft Carriers has been key for Britain.
Mr Osborne says there will be improvements to the local road network including upgrading the North Devon Link Road.
The Chancellor will travel from here to Cornwall where he will announce that the Conservative's will honour their pledge to get a stadium for Cornwall built.
The Chancellor is returning to Devon and Cornwall for the first time since the General Election.
George Osborne visited in the run-up to the Tories' landslide victory, which came on the back of sweeping support from the South West. Today he's promising that it will no longer be ignored by central Government.
The Chancellor says it is "absolutely unacceptable" for Labour leader Ed Miliband to 'stab the country in the back' over Trident.
Chancellor George Osborne will set out his budget for the next financial year today. His speech begins at 12:15pm in the House of Commons.
We will be feeding live updates on this page, which will focus on how the budget affects the West Country specifically.
The national ITV News site will be feeding live updates on how the budget will affect people generally. Click here to look at them.