A regeneration programme worth £300m to the South West's economy has been agreed in Plymouth this lunchtime.
The investment granted by the Government's 'City Deal' scheme will be used to stimulate industry and create more than 10,000 jobs.
It centres on the South Yard at Devonport being returned to public ownership so it can become a hub for marine industries.
More top news
Walkers are being urged not to approach Dartmoor ponies after a newborn foal died but to use social media to monitor their welfare
Mild tonight and dry and sunny tomorrow. Turning unsettled again later. The forecast with Luke Castiglione.
Around fifty thousand people have turned out on the Hoe in Plymouth over the weekend to support Armed Forces Day.