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

Future Retirement Success

Business

Broadband boost for 380,000 rural premises as UK Government investment reaches £1.3bn

by April 10, 2024
April 10, 2024
Broadband boost for 380,000 rural premises as UK Government investment reaches £1.3bn

Hundreds of thousands of remote homes and businesses across the country will be able to benefit from lightning-fast broadband, as new figures show a record £714 million has been invested in the broadband rollout so far this year.

New data published today reveals that since the start of 2024, the UK Government is boosting access to fast and reliable internet at an unprecedented speed, putting nearly 380,000 rural premises in line to access a better broadband connection.

The upgrades will give rural communities access to the fastest internet on the market, helping to grow the economy. Households will be able to download high-definition films in under one minute, stream and download entertainment and shop online across several devices at once. Full fibre broadband will also make it easier for rural residents to set up businesses, increasing local productivity and delivering long-term growth for a brighter future.

Areas set to benefit include Yorkshire, The Isles of Scilly and Dorset, with the funding forming part of the UK Government’s flagship £5 billion Project Gigabit programme.

The funding brings the total invested so far to £1.3 billion. Nearly 82% of properties across the country can now access lightning-fast broadband, up from just 7% this time five years ago.

It comes as the UK continues to rollout Gigabit broadband faster than any other EU nation, ensuring everyone, no matter where they live or work, can thrive in the 21st century.

Minister for Data and Digital Julia Lopez said: “Connectivity has never been more important for people and businesses. It is increasingly becoming the enabler for so many services that we rely on every day, from using maps to doing business.

“The figures published today demonstrate how rapidly we are delivering higher quality gigabit broadband to every part of the country – even some of the most remote rural areas.

“Whether that be for a business on the coast of Cornwall or the hills of the Peak District, patchy and poor connection should never be a barrier to economic growth or somebody’s life chances.”

As part of this year’s investment, the UK Government has today also announced £165 million in contracts to build full fibre networks in areas spanning South Yorkshire, Cornwall and the Isles of Scilly, Herefordshire, the Forest of Dean, the Peak District, Dorset and Somerset.*

Almost 90,000 premises are set to benefit from the contracts, with full fibre connections capable of delivering speeds of up to 1,000 megabits per second. This is up to 30 times faster than superfast connections relying on traditional copper cables.

Over one million rural homes, businesses and public buildings have already been upgraded to gigabit-capable networks thanks to UK Government investment.

Properties connected through Project Gigabit are in hard-to-reach rural locations, where residents and businesses previously would have struggled to perform basic online tasks because of poor and patchy connection.

On top of this, the Government has awarded separate contracts to connect up to 800 primary schools in England, jointly funded through Project Gigabit and the Department for Education. The Schools Gigabit Connectivity Project will help students and teachers access the latest digital technology in education.

Read more:
Broadband boost for 380,000 rural premises as UK Government investment reaches £1.3bn

0
FacebookTwitterGoogle +Pinterest
previous post
Jeremy Clarkson Considering Taking Over Cotswolds Pub Near Diddly Squat Farm
next post
Workplace rights for individuals undertaking IVF treatment 

You may also like

UK inflation rate slows to 7.9% in June

July 19, 2023

Servicing Luxury: The Psychology Behind VIP Customer Treatments

August 22, 2023

France tells Apple to halt iPhone 12 sales...

September 13, 2023

Britain lacks computing power for AI, CMA warns

September 19, 2023

KFC announces £1.5bn UK investment to upgrade restaurants...

May 27, 2025

Investing in Whisky Safely – 3 Scam Indicators...

December 1, 2023

McDonald’s UK boss says harassment and bullying cases...

November 15, 2023

Hundreds of British bosses fear AI could steal...

April 16, 2024

Evolve Business Group secures multi-million-pound BGF investment to...

August 5, 2024

Green Innovation: How THC Startups Are Using Technology...

October 28, 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

    • Unmasking Medicaid Money-Laundering Schemes: Medicaid Financing Gimmicks 101

      June 27, 2025
    • Top moments from the Trump-Biden debate that changed the course of the 2024 election

      June 27, 2025
    • Trump exerted ‘maximum pressure’ on Iran and Israel to ‘deliver peace’: Leavitt

      June 27, 2025
    • Iranian foreign minister reiterates ‘serious damage’ to nuclear facilities, despite ayatollah’s comments

      June 27, 2025
    • Maybe Most People Do Not Want Teacher-Led Public School Prayer—But They Do Want Chaplains

      June 27, 2025
    • Flashback: The debate night against Trump that threw Biden’s reelection campaign into a free fall

      June 27, 2025

    Categories

    • Business (8,329)
    • Investing (2,076)
    • Politics (15,829)
    • Stocks (3,173)
    • 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