Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Government launches £40 million fund to unlock 5G benefits across the UK

by August 1, 2023
August 1, 2023
Government launches £40 million fund to unlock 5G benefits across the UK

The government has launched a £40 million fund to local and regional authorities to increase 5G innovation and digital connectivity for residents and businesses, set to boost productivity by £159 billion by 2035.

This fund supports the Prime Minister’s goal of expanding the British economy through digital infrastructure such as innovative healthcare, smart transportation, and new farming practices, aimed at authorities in the manufacturing, transport, agriculture and public services sectors.

The funding will allow towns, cities and rural areas across the UK to take full advantage of the benefits, advancing wireless connectivity while offering a faster delivery of public services and breaking down barriers which hinder the rollout of emerging technologies.

Applications which are now open will close on the 10th September 2023 and the winners, who will be announced later in the year, will be a part of the newly created 5G Innovation Regions supported by the UK Telecoms Innovation Network (UKTIN) which will also launch a nationwide campaign

Elizabeth Anderson, Interim CEO at Digital Poverty Alliance commented:”It is fantastic to see the government taking action towards providing improved connectivity for all as our world becomes increasingly digital. Those without access miss out on a number of opportunities, from education level to employment and all the way through to retirement age. Services such as online portals to access homework or school resources, job applications and online banking all require digital connectivity, highlighting just a few of the many services that are now accessible online. ”

“Currently, 11 million people are experiencing digital poverty in the UK, excluding them from everyday resources or services that many of us take for granted. While it is positive to see the government prioritising digital connectivity, more must be done and businesses, charities and public bodies should come together to tackle affordability and basic digital skills, to ensure online connectivity and digital access is not just a privilege, but a basic necessity made available to all.”

The Minister for Data and Digital Infrastructure, Sir John Whittingdale, said: “Greater adoption of 5G-powered technologies will help deliver more efficient public services, new opportunities for residents and businesses, and a boost for economic growth –  and this new fund will give local areas from across the country the opportunity to be at the forefront of Britain’s world-leading 5G revolution.

Improving connectivity through a world-class digital infrastructure is one of the core components of the government’s plans to level up every community in the UK and I encourage local areas to apply and to be ambitious in their vision for reaping the rewards of 5G.”

Read more:
Government launches £40 million fund to unlock 5G benefits across the UK

0
FacebookTwitterGoogle +Pinterest
previous post
Bill Kristol Backs a Bad, Old Idea
next post
CrowdStrike Shows Strength and Leadership with Breakout

You may also like

Extended life for two UK nuclear power stations

March 10, 2023

Last bank in Essex town to close in...

May 5, 2023

A “spontaneous act of colossal stupidity” – why...

August 30, 2022

Uber Drivers Offered Significant Discounts on Kia Electric...

May 20, 2024

Secrets of Success: David Hart, CEO, RBH Hospitality...

February 9, 2024

UKEF helps British exporters fill stockings around the...

December 21, 2023

Current economic climate is worse than during the...

September 21, 2022

UK economy struggles to gain momentum as GDP...

January 17, 2025

5 things you may not be able to...

April 26, 2023

Unlocking the Entrepreneurial Blueprint: A Journey from Mortgage...

March 4, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Wagyu Farmer in Congress Wants Tariffs on Australian Wagyu

      May 15, 2025
    • Young Americans Like Socialism Too Much—That’s a Problem Libertarians Must Fix

      May 15, 2025
    • Dems divided on Trump’s executive order aimed at slashing drug prices

      May 15, 2025
    • Supreme Court Chief Justice Roberts reins in Sotomayor after repeated interruptions

      May 15, 2025
    • Trump makes historic UAE visit as first US president in nearly 20 years

      May 15, 2025
    • How Automated Packaging is Revolutionizing Supply Chains

      May 15, 2025

    Categories

    • Business (7,968)
    • Investing (1,962)
    • Politics (15,232)
    • Stocks (3,084)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved