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.

SIGN UP
For your free daily news bulletin
Highways jobs

Adult Education Tutors Health & Leisure

City of York Council
Various
We are looking for appropriately qualified, motivated and inspiring people to teach online courses and workshops on a self-employed basis.  York, North Yorkshire
Recuriter: City of York Council

Social Worker - Children and Families Hub

Essex County Council
Negotiable
In Essex County Council we are "Serious about Social Work". We have invested in our workforce and created a positive environment for our social worke England, Essex, Colchester
Recuriter: Essex County Council

Home Ownership Officer

The Royal Borough of Kensington & Chelsea Council
£29,000 - £39,200 per annum
Are you motivated by delivering excellent customer service, a varied workload and an opportunity to grow? Kensington and Chelsea, London (Greater)
Recuriter: The Royal Borough of Kensington & Chelsea Council

Assistant Head of TriBorough Insurance

The Royal Borough of Kensington & Chelsea Council
£43,300 - £58,500 per annum
An opportunity to lead the Tri-Borough Insurance Service technical team reporting to the Head of Service. Kensington and Chelsea, London (Greater)
Recuriter: The Royal Borough of Kensington & Chelsea Council

Educational Psychologist

The Royal Borough of Kensington & Chelsea Council
£41,200 - £55,800 per annum
Looking for a fully qualified educational psychologist registered with Social Work England, or eligible for such registration. Kensington and Chelsea, London (Greater)
Recuriter: The Royal Borough of Kensington & Chelsea Council

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