In today’s Autumn Statement, the Chancellor Philip Hammond will announce £400m towards improving the UK’s digital infrastructure – including fibre-optic wifi and 5G mobile networks.
The new Digitalinfrastructure Fund is expected to be matched by the private sector, while local authorities will have the chance to bid for part of a £740m fund to trial superfast 5G mobile networks.
Although much of the focus is on the delivery of media and entertainment, this move should promise a wide range of benefits for business as the government looks to take fibre broadband to the property and not simply the roadside telecoms cabinets.
The ability for businesses to quickly share data and large files should be greatly improved by this method, although the plan still lacks some way behind China South, Japan and South Korea.
A 20Gb file can be downloaded in around a minute via a 5G connection, speeding up workflows tremendously.