In his Spring Statement the Chancellor Philip Hammond announced that tens of thousands of businesses and homes across the UK are set to benefit from a £67 million investment in faster internet connections.
The Nationwide Gigabit Broadband Voucher Scheme (GBVS) will provide vouchers worth up to £3000 for a small or medium sized business or £500 to residents to help with the costs of connecting to full fibre broadband.
Chancellor of the Exchequer, Philip Hammond said: "We’re backing Britain’s small businesses by investing £67 million to bring full-fibre broadband to more businesses up and down the country. This means faster, more reliable broadband access as we build the digital infrastructure we need to make our economy fit for the future."
DCMS Secretary of State, Matt Hancock said: "Small businesses are the backbone of the British economy and now they can turbo-charge their connectivity with gigabit speeds. By building a full fibre future for Britain we are laying the foundations for a digital infrastructure capable of delivering today what the next generation will need tomorrow."
The scheme forms part of the Government’s commitment to make full fibre broadband available to at least 10 million homes and businesses by 2022.
DTG Staff | 15.03.2018