No Result
View All Result
Success American Investors
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Success American Investors
No Result
View All Result
Home Investing

Government launches £40 million fund to unlock 5G benefits across the UK

by
August 1, 2023
in Investing
0
Government launches £40 million fund to unlock 5G benefits across the UK
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

The government has launched a £40 million fund to local and regional authorities to increase 5G innovation and digital connectivity for residents and businesses, set to boost productivity by £159 billion by 2035.

This fund supports the Prime Minister’s goal of expanding the British economy through digital infrastructure such as innovative healthcare, smart transportation, and new farming practices, aimed at authorities in the manufacturing, transport, agriculture and public services sectors.

The funding will allow towns, cities and rural areas across the UK to take full advantage of the benefits, advancing wireless connectivity while offering a faster delivery of public services and breaking down barriers which hinder the rollout of emerging technologies.

Applications which are now open will close on the 10th September 2023 and the winners, who will be announced later in the year, will be a part of the newly created 5G Innovation Regions supported by the UK Telecoms Innovation Network (UKTIN) which will also launch a nationwide campaign

Elizabeth Anderson, Interim CEO at Digital Poverty Alliance commented:”It is fantastic to see the government taking action towards providing improved connectivity for all as our world becomes increasingly digital. Those without access miss out on a number of opportunities, from education level to employment and all the way through to retirement age. Services such as online portals to access homework or school resources, job applications and online banking all require digital connectivity, highlighting just a few of the many services that are now accessible online. ”

“Currently, 11 million people are experiencing digital poverty in the UK, excluding them from everyday resources or services that many of us take for granted. While it is positive to see the government prioritising digital connectivity, more must be done and businesses, charities and public bodies should come together to tackle affordability and basic digital skills, to ensure online connectivity and digital access is not just a privilege, but a basic necessity made available to all.”

The Minister for Data and Digital Infrastructure, Sir John Whittingdale, said: “Greater adoption of 5G-powered technologies will help deliver more efficient public services, new opportunities for residents and businesses, and a boost for economic growth –  and this new fund will give local areas from across the country the opportunity to be at the forefront of Britain’s world-leading 5G revolution.

Improving connectivity through a world-class digital infrastructure is one of the core components of the government’s plans to level up every community in the UK and I encourage local areas to apply and to be ambitious in their vision for reaping the rewards of 5G.”

Read more:
Government launches £40 million fund to unlock 5G benefits across the UK

Previous Post

A Perfect Week in Miami: An Ultimate Guide

Next Post

Wetherspoons closes more pubs with dozens across Britain earmarked for closure.. is your local calling last orders?

Next Post
Wetherspoons closes more pubs with dozens across Britain earmarked for closure.. is your local calling last orders?

Wetherspoons closes more pubs with dozens across Britain earmarked for closure.. is your local calling last orders?

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest
Vertica: The new Israeli start-up challenger to Viagra proving ‘life-changing’ for men with ED

Vertica: The new Israeli start-up challenger to Viagra proving ‘life-changing’ for men with ED

February 14, 2024

Last Day to Give in 2023!

December 31, 2023
Idaho Bucks Managed Care Trend

Idaho Bucks Managed Care Trend

December 5, 2023

The Producer Price Index

September 9, 2023

The Southern Cause: What Led to Secession

0

0

0

0

The Southern Cause: What Led to Secession

May 31, 2025

“Our Marx”: The Great Herbert Spencer

May 31, 2025
UK steel industry faces fresh crisis as US tariff jumps to 50%

UK steel industry faces fresh crisis as US tariff jumps to 50%

May 31, 2025

Global Outcry Against U.S. Prison Forced Labor Grows as Demands for Change Mount

May 31, 2025

Recent News

The Southern Cause: What Led to Secession

May 31, 2025

“Our Marx”: The Great Herbert Spencer

May 31, 2025
UK steel industry faces fresh crisis as US tariff jumps to 50%

UK steel industry faces fresh crisis as US tariff jumps to 50%

May 31, 2025

Global Outcry Against U.S. Prison Forced Labor Grows as Demands for Change Mount

May 31, 2025

Disclaimer: SuccessAmericanInvestors.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 SuccessAmericanInvestors. All Rights Reserved.

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 SuccessAmericanInvestors. All Rights Reserved.