William Eichler 13 September 2019

Full-fibre and 5G could boost council revenue by £10,000

Full-fibre and 5G could boost council revenue by £10,000 image

Investing in full-fibre and 5G could increase a local authority’s revenue intake by £10,000, new research suggests.

A new report from the Broadband Stakeholder Group (BSG) has outlined the the localised economic benefits of full-fibre and 5G.

Written by Oxera on behalf of BSG, the study revealed that if local authorities invested in full-fibre and 5G, they could see an increase of up to 3.2% in new businesses operating in the area.

If reflected in business rates, the researchers calculated, a council could see an increase in gross revenue of over £10,000.

Existing businesses will also see an increase in productivity which should result in an expected increase in turnover of up to 3.8% per worker each year.

‘Full-fibre and 5G networks will bring technological and service quality improvements over previous generations of fixed and mobile networks,’ reads the report.

‘They will provide faster and more reliable connectivity, as well as a conduit for new applications and services that can take advantage of the technological improvements these new connections will bring.

‘These new services and applications will enable new and improved business practices and end-user services such that increased availability and take-up of full-fibre broadband and 5G will lead to positive outcomes for businesses, consumers, local government and wider society.’

BSG added that local authorities would be able to realise direct benefits by being able to implement ‘more innovative public service delivery’ whilst driving down costs, such as through increased cloud adoption.

For your free daily news bulletin
Highways jobs

SEND Operations Assistant

Essex County Council
Up to £12.02 per hour
The SEND Operations Assistant provides administration and support to the statutory SEND processes such as the Annual Review Process, in particular at phase transfer, as well as providing a triage service for all contacts received by the SEND Operations Te England, Essex, Harlow
Recuriter: Essex County Council

Relief Resource Centre Worker - Nidderdale Children's Resource Centre - Award Winning Team

North Yorkshire County Council
The role of Relief Resource Centre Worker is invaluable, rewarding, complex and challenging; you will play an... Harrogate, North Yorkshire
Recuriter: North Yorkshire County Council

Specialist Teacher

Birmingham City Council
Main/ Upper Pay Scale + up to full SEN Allowance
This exciting opportunity will be to join a well-established team supporting children and young people with communication and... Birmingham, West Midlands
Recuriter: Birmingham City Council

People Analytics / Workforce Planning Lead

Essex County Council
Job Purpose This role will be responsible for carrying out data extraction, manipulation, research, analysis, and interpretation of data to provide me England, Essex, Chelmsford
Recuriter: Essex County Council

Building Surveyor

Royal Borough of Greenwich
£39774 - £42684 per annum + Essential Car Allowance
Hi All, I'm currently recruiting for this position. Please click on the job title below to view the Job Description and apply to it! England, London, Woolwich
Recuriter: Royal Borough of Greenwich

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue