Osborne's Faster Broadband To Fight Budget Blues

Osborne's Faster Broadband To Fight Budget Blues
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Faster broadband in 10 cities across the UK, including London, Cardiff, Edinburgh, Glasgow and Belfast and a £5billion increase in infrastructure spending, are two of George Osborne's offerings to appease voters in a grim autumn statement.

Mr Osborne said he would deliver: “new superfast digital networks for companies across our country.”

"Our great cities are at the heart of our regional economies. And we will help bring world-leading, superfast broadband and wi-fi connections to 10 of them”.

The budget for the broadband improvement is part of the overall infrastructure spend.

The chancellor said in the House of Commons: "For the first time we are identifying over 500 infrastructure projects we want to see built over the next decade and beyond. Roads, railways, airport capacity, power stations, waste facilities, broadband networks,"

"It means creating new superfast digital networks for companies across our country. These do not exist today. See what countries like China or Brazil are building, and you'll also see why we risk falling behind the rest of the world."

Osborne's plan is to deliver speeds of 80 to 100 megabits per second (mbps) in cities is a leap up from current average broadband speeds of 6.8Mbps.

The plan could give broadband providers like Virgin Media reason to smile. Currently, Virgin's customers are the most dissatisfied compared to every other competitor, according to The Times.