Carnegie / CBN Launch Report on NGA Finance
CBN and The Carnegie UK trust have launched a new report on financing rural broadband at an event in Parliament chaired by Rory Stewart MP. The report explores how the government can allocate £300M additional broadband funding, which has been earmarked for rural areas.
* Existing BDUK projects will leave 10% of the UKs population without superfast broadband.
* The last 10% will be the hardest to reach requiring quite tailored technical solutions such as fibre to the home.
* These solutions will also require different forms of financing, potentially with householders investing or paying for the connections.
* The government can allocate funding to these projects through soft loans, earning a return for the taxpayer in the long term. powerful love spells
It was a lively session with attendees from rural broadband projects, social investment organisations and BDUK. Richard Benyon, the DEFRA Minister was amongst the MPs who attended to better understand some of the issues about financing broadband in the final 10%.