Procurement David Craik · 10 December 2018
Stronger digital infrastructure could add 173bn to UK economy by 2030
The economy could get a multi-billion-pound boost if the government takes immediate action to ensure the UK is match-fit? for the digital revolution by improving connectivity. The CBI’s latest report Ready, Set, Connect warned that ensuring the UK has a stronger digital infrastructure is just one area of domestic policy which risks being overshadowed by Brexit. The CBI said that businesses have largelywelcomed thegovernment’sambitious target of rolling out 5G nationwide by 2027 and full-fibre by 2033. Butwithoutgovernmentaction on funding and policy in 2019, it saidfirmsof all sizeswill beat riskof losing their competitive edgeinternationally. The CBI’s report highlighted key actions for policymakerstodeliver ontheirvision to achieve a buffer-free digital futureandmake the UK thetopplace to start and grow a digital business. These include fast-tracklaws that ensure every new property has access to gigabit broadband and give companies permission to access land or property to install connections for private tenants by 2019. All newgovernment infrastructure projectsmust also includefull fibrebroadband capacitythrough the settingup of a cross-government Fibre and 5G Taskforce. In addition, 5G adoption should be turbo-charged by raising awareness of its uses to businesses and by helping firms to learn more about how to better exploit the technology through government trials. The CBI said world-class 5G technology couldpotentiallyaddup to 173bn to theuKeconomy by 2030.