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The Government’s rollout of superfast broadband has now reached more than 1 million homes and businesses across the UK.
Andrew Cleaves, board director for GBSLEP responsible for connectivity, said: “In the GBSLEP region we have seen real progress in the improvement of world-class digital infrastructure that is so important to helping business and stimulating growth.
“Undoubtedly the UK is leading the digital revolution in terms of e-commence and from our perspective the creative services industry is worth £1.25bn to the regional economy, in turn relying heavily on the best possible connectivity with the businesses it serves.
“The opportunity for businesses to claim up to £3,000 to assist with the installation of faster broadband is vital to ensuring we are best equipped to prosper as the recovery continues. We’d encourage all companies within the 22 super connected sites to make sure they grab this valuable assistance.
“As outlined our Growth Deal, we are fully committed to working with partners and supporting the Government’s aim of extending coverage to 95% of premises across the country by 2017. The future economic prosperity for Greater Birmingham and Solihull depends on businesses having the high level of connectivity we need to deliver the required growth.”
The £1.7billion nationwide rollout is firmly on track to extend superfast broadband to 95% of UK homes and businesses by 2017. The rate at which the fibre technology is being rolled out under the programme is rapidly accelerating, with up to 40,000 premises gaining access every week.
As a result of the work being done, more than 42,000 homes and businesses in the West Midlands are already able to access the new fibre broadband service the rollout is delivering.
The UK-wide rollout is a key part of the government’s long-term economic plan to secure Britain’s future by providing access to superfast broadband in areas the private sector would not otherwise have reached. The current rural programme will deliver returns of £20 for every £1 invested, representing tremendous value for money.
Faster broadband will not only improve profits for UK businesses, but will create an additional 56,000 jobs in the UK by 2024.The work involved in the current roll out is expected to provide a £1.5 billion boost to local economies. By 2024, the government’s current investments in faster broadband will be boosting rural economies by £275 million every month, or around £9 million every day.
Current UK coverage of superfast broadband is the highest of the top 5 European economies and we also lead our European counterparts in terms of take up, competitiveness and pricing. But Government recognises that there is still more to do.
Current plans will ensure superfast speeds for 95% of the UK, but Government firmly believes that its transformation of the digital landscape should reach every area of the UK. Focus is now on the “final 5%” – those areas in the most remote and hardest to reach places in the UK that are not covered by existing plans. £10m has been invested in a series of pilot projects currently under way in 8 locations across the nation to investigate the best way of tackling these areas. The findings will be used to inform future funding bids to ensure everyone benefits from the transformation of the digital landscape currently underway.
View a selection of info graphics here
Find out more about broadband vouchers here
View the Government’s flyer here