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

Future Retirement Success

Business

Government injects £530m in connectivity to support over 330,000 homes and businesses this year

by December 15, 2023
December 15, 2023
Government injects £530m in connectivity to support over 330,000 homes and businesses this year

The Government has invested over £530 million in boosting broadband connectivity this year, supporting over 330,000 homes and businesses in rural areas.

The latest £33 million investment will deliver gigabit capable broadband to over 17,000 homes across rural Derbyshire as part of the Government’s ongoing connectivity investment scheme.

The latest project means that over 79 per cent of UK homes and businesses have access to gigabit capable broadband, with plans to expand to 85 per cent by 2025.

This year, contracts have been awarded to support businesses and homes across Cambridgeshire, Hampshire, New Forest, Norfolk, Northeast Staffordshire, Oxfordshire, Shropshire and Suffolk, totalling over £530 million in investment.

Sachin Agrawal, UK Managing Director at Zoho Corporation, said: “Connectivity investment in rural areas is crucial to empower regional businesses across the UK. Businesses and their locations are key to unlocking local economic growth and distributing wealth throughout the country more effectively, and internet connectivity plays a vital role here.“

“Technology plays a central part in creating a seamless experience for employees, whether they are at home or in the office. Tools that both enable real-time communication and collaboration that allow team members to simultaneously work efficiently on tasks, keep staff continuously connected, regardless of location. Unified systems that deliver these tools as well as bring data together and make it accessible to all relevant employees, can contribute significantly to staff productivity and motivation, which translates to business growth. All of this is not possible without reliable connectivity.”

“By improving connectivity in regions across the UK, businesses also have more options when it comes to office locations, given the freedom to reduce overheads and move away from busy urban centres. This not only provides cost savings, but improves flexibility for employees who can feel the benefits of a more affordable lifestyle and be closer to their families.”

Further Government work with broadband suppliers is expected to deliver gigabit capable broadband nationwide by 2030.

Secretary of State for Science, Innovation and Technology, Michelle Donelan, said: “Working hand in glove with industry, the success of our high-speed broadband rollout means more homes have faster, clearer connectivity than ever before.”

“Whether they are streaming classic Christmas movies or video calling loved ones across the world, this year thousands more families will not have to face feuds over festive films or frustrating buffering, leaving more time to spend enjoying the company of their nearest and dearest.”

Through earlier contracts, thousands of homes and businesses in areas including Stavely in Cumbria, Barnard Castle in Teesdale and Bishop’s Caundle in North Dorset have already benefited from upgraded gigabit connection.

Read more:
Government injects £530m in connectivity to support over 330,000 homes and businesses this year

0
FacebookTwitterGoogle +Pinterest
previous post
Millions borrowing to pay essential bills at Christmas, charities warn
next post
Call for all Post Office convictions to be overturned

You may also like

Battery spinout About:Energy secures £1.5m seed investment

June 8, 2023

Laydson Group Review: Why Knowing Your Business Destination...

October 19, 2024

Is The Apprentice setting a precedent for negative...

January 10, 2023

The Business of Love: How Online Dating Platforms...

January 29, 2025

Enhancing financial strategies with timely market trends

May 21, 2025

Jobseekers rise at fastest rate in five years...

April 11, 2025

Asda offers over 60s soup, a roll and...

October 7, 2022

Business secretary under fire over delayed talks as...

December 16, 2024

UK Car Industry Urges Government Action Amidst Production...

May 30, 2024

How AI and Analytics Are Revolutionizing the Business...

December 2, 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

    • ‘Gone too far’: GOP lawmakers rally around Trump after Musk raises Epstein allegations

      June 6, 2025
    • Democrats begin to embrace Musk amid Trump spat after party railed against him as a ‘dictator’

      June 6, 2025
    • Trump administration defends US and Israeli sovereignty with new sanctions against four ICC judges

      June 5, 2025
    • Musk unleashes wild Epstein claim against Trump after being booted from DOGE

      June 5, 2025
    • Three Charts Showing Proper Moving Average Alignment

      June 5, 2025
    • Biden only hand-signed one pardon during final spree, and it was his most controversial one

      June 5, 2025

    Categories

    • Business (8,149)
    • Investing (2,011)
    • Politics (15,542)
    • Stocks (3,129)
    • 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