Tech giant Arm has announced plans to open a new site in Bristol.
It comes as the company, whose processing technology is used in smartphones, sought to underline its commitment to the UK after it rebuffed the government’s attempts to persuade it to consider a float on the London Stock Exchange.
It is unclear whether a specific site in or around the city has been earmarked, how many jobs it would potentially create, or the type of work that would be performed there.