Further to last week's comments on the
new UK Productivity Council, UK Chancellor Philip
Hammond used the Autumn Statement to pledge new funding for fibre broadband and
5G technologies.
The £400 million investment in fibre, called the
Digital Infrastructure Investment Fund, will be given to broadband providers to
expand their networks,
What does this do for UK productivity?
Well, like most infrastructure investments, it
creates potential.
Whether organisations build on that potential is up
to them - but they can't complain about lack of government support and then
refuse to exploit support that is given.
So, in 5 year’s we’ll return to his subject and see
if we can determine a return on this investment – at the national productivity
level.
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