Exeter University has plans to spend a billion pounds in the next ten years on new facilities and refurbishment to cement its place among the world's top academic institutions.
It's good news for the whole region, as John Andrews reports:
More top news
A bus stop in the village of Walkhampton in Devon has been transformed into a living room by a mysterious designer.
The 81-year-old revealed she wasn't asked to follow the hit TV show to Channel 4, and wouldn't have been tempted by the money.
The organisers of Boardmasters festival have announced more artists that will join headliners Two Door Cinema Club, Jamiroquai and Alt-J.