There is a commonly-held misconception that it tends to only be rural areas that are starved of decent broadband connections. This isn’t true at all.
Recently it was reported that a quarter of UK businesses don’t have adequate broadband. This is despite the government’s target of “superfast” connectivity for 95 per cent of Internet users by December 2017.
There has been huge outcry around government changes to the business rate that kicks in next month, which chancellor Philip Hammond tried to soften in his Spring Budget.
Small business numbers are at an all-time high – there are 5.4m currently in operation in the UK and the numbers continue to rise year-on-year. But you’d be surprised how frustrated startup Britain is at the moment.
Earlier this year Hyperoptic commissioned a survey of 3,000 Brits to get insight into how broadband is affecting the length of our working day – and whether or not it was a secret homeworking bugbear.
You cannot understate the role of broadband connectivity in the UK’s economy. Our technology sector is exploding – there are 1.46m people employed in digital tech companies in the UK, 98 per cent of which are small businesses.