UK Government to invest in faster Broadband
Households without access to modern-day, super-fast broadband in rural areas of the UK will benefit from a £1 billion investment.
The funding was announced today (January 7th) by business secretary Lord Mandelson, who said it will upgrade the UK’s digital infrastructure so that more than 90 per cent of the population have access to the latest broadband. technology. Investing in broadband will create jobs and give the economy a boost, while putting the UK at the forefront of the digital revolution.
According to the government, this is “essential” if Britain is to remain a major player in the world economy, as only 70 per cent of people are expected to make private investment in broadband before 2017.
The Government will provide money for the Next Generation Fund which will give rural homeowners with sufficient broadband to enable them to keep up with urban regions.
Currently, only about half of the country has access to broadband with a speed of 50 megabits per second but the government fears those in more isolated locations will struggle to catch up.
Proposals to help those in rural areas were initially put forward by local council leaders last year and will make the UK only the second country – after Finland – to carry out such a scheme.
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