Friday, April 17, 2009
Government hints at funding broadband for rural homes
Mandelson hints at £1bn plan to supply rural homes with superfast broadband, ministers are considering substantial cash investment to avoid a situation where only half the country is easily able to download film and television programmes. Mandelson added that government cannot be indifferent to wider national needs for a globally competitive economy", and believes that taxpayer-funded spending on high-speed internet could be sold as part of a wider job creation scheme. Sounds like a state subsidy to prop up ailing B.T. with more non-existant cash the borrowing (or printing) of which will eventually be sucked out of our pockets.