Cash boost to connect furthest reaches of UK to superfast broadband
Around 600,000 homes will benefit from a £440m boost to help them get connected to superfast broadband, the Government has said.
The cash will come from £150m in “efficiency savings” plus returned subsidies from BT as part of a deal encouraging the firm to roll out broadband to hard to reach areas.
Experts said the fund was not all “new money” but was “good news” regardless.
Culture Secretary Karen Bradley said homes and businesses in some of the furthest corners of the UK would enjoy faster internet speeds as a result.
The Government did not set out a timescale for when the 600,000 will benefit, but it plans for 95% of UK premises to be able to buy superfast broadband by the end of next year.
Some £1.14bn to improve fibre broadband and on the development of 5G was announced by Chancellor Philip Hammond in last month's Autumn Statement.