Poor broadband coverage threatens digital tax transition for rural micro businesses
The UK economy could soon see a boost of 9bn thanks to superfast broadband. But will micro businesses be able to make the most of it? The answer is “unlikely”, especially for those based in rural areas.
In March 2018, Brian Wilson, chair of directors at Rural England, suggested rural and micro business owners were already ‘strong digital adaptors. But such companies are mostly unable to go digital due to a lack of skills, resources and connectivity.
to help address these constraints and boost rural economic productivity, we believe there are some straight-forward quick wins, which if delivered locally, nationally and UK-wide, could have a significant and positive impact on the quality of life for rural communities and the UK economy as a whole, ” he said.
Snapshot of a typical rural business
? Family-run and home-based
? Business owner over 55 years old
? Employ fewer than ten staff
? Less likely than an urban company to generate turnover above 50, 000
Around 500, 000 small UK business owners are still unable to access superfast broadband speeds crucial to company growth, as a new report highlights the failure of government to achieve its connectivity target. more»
Greater access toonline tools and services in Britain's rural regions could be worth as much as 26.4bn to the economy, with micro business owners predicted to benefit most significantly from digital adoption. more»