Bedford is in line for a £50billion investment injection as Europe's first ever Universal Studios theme park is set to open in the town by 2031.
The huge project is expected to generate nearly £50billion for the economy by 2055. An estimated 8.5 million visitors are expected in the first year of the park opening.
Keir Starmer has said the attraction will create around 28,000 jobs - 20,000 during the construction period, and 8,000 working on site when it opens in six years' time.
The Prime Minister said "It is not just about numbers, it's about securing real opportunities for people in our country."
Rachel Reeves described the investment as "a vote of confidence in Britain as a place to do business".
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