EIU Archives — LIRNEasia


The British government has allocated nearly £1bn to accelerate the development of superfast network. It is expected to boost national broadband speeds to more than 24 megabits per second – nearly three times today’s average – by 2015. This initiative is an essential part of the UK government’s policy, which believes that rapid internet access will boost productivity, create new industries and link distant areas. The Economist Intelligence Unit, however, argues that existing networks are capable of delivering many of the anticipated new services over the next few years. It also warned that there were obstacles to even using the existing technology capabilities, including a shortage of digital skills and ingrained resistance to change, although it predicts that there will be some short-term stimulus to jobs and economic activity.