A regeneration programme worth £300m to the South West's economy was agreed in Plymouth today.
The money, granted by the Government, will be used to stimulate industry and create more than 10,000 jobs.
The majority of investment will be made in the marine industries. But businesses and young people will also benefit - as Plymouth gains greater power to help drive the South West forward.
John Andrews reports:
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Cloud will arrive as we head towards the afternoon but staying mostly dry.
A chilly and possibly frosty start to the day but it will be staying mostly dry.
Earlier this evening we had more clear spells appearing and they prompted a fall in temperatures.