Tuesday, 25 September 2012
There is currently a lot of investment being made in the broadband industry, with the government wanting to offer access to high internet speeds to 90% of the country’s residents by 2015. Officials have now revealed an extra £114m investment for the UK’s ten largest cities, helping to increase the broadband network to create “super-connected cities”.
Broadband has become essential for business and there are now many employment options that exist only due to the internet. With ecommerce a vital way for many companies to survive, and a huge number of IT jobs being noted in this field, any uplift in broadband speeds and access will benefit the British economy as a whole.
Culture secretary Maria Miller has now said that the increased investment will allow ten major cities to excel in their broadband capabilities. The largest share, £25m, will be provided to London, whilst Leeds and Bradford will have £14.4m to share. Meanwhile, cities including Cardiff, Manchester and Belfast will also receive money.
Talking of the need to invest in this sector to help grow businesses and create employment opportunities, Ms Miller said that high speed broadband is essential for growth and is vital for the country’s economic future. “These ten cities have produced ambitious and comprehensive plans, which will turn them into digital leaders and give their local economies a real boost. The new investment will help put these cities at the centre of the digital stage, competing for jobs and investment with the best in the world,” she added.