Parallel universes really do exist, according to a mathematical discovery by Oxford scientists described by one expert as "one of the most important developments in the history of science".

The parallel universe theory, first proposed in 1950 by the US physicist Hugh Everett, helps explain mysteries of quantum mechanics that have baffled scientists for decades, it is claimed.

In Everett's "many worlds" universe, every time a new physical possibility is explored, the universe splits. Given a number of possible alternative outcomes, each one is played out - in its own universe.

A motorist who has a near miss, for instance, might feel relieved at his lucky escape. But in a parallel universe, another version of the same driver will have been killed. Yet another universe will see the motorist recover after treatment in hospital. The number of alternative scenarios is endless.

It is a bizarre idea which has been dismissed as fanciful by many experts. But the new research from Oxford shows that it offers a mathematical answer to quantum conundrums that cannot be dismissed lightly - and suggests that Dr Everett, who was a Phd student at Princeton University when he came up with the theory, was on the right track.

Commenting in New Scientist magazine, Dr Andy Albrecht, a physicist at the University of California at Davis, said: "This work will go down as one of the most important developments in the history of science."