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May 8, 2009

EU gives UK £265 million for energy and broadband


by David Allen

As part of a European wide investment, the EU has just approved a recession fund of £4.4 billion, to be made available over two years, that will help member states improve services and invest in future projects.

The UK could be getting its hands on around £265 million, which has been earmarked for the development of renewable energy projects and to make improvements to the rural broadband network.

How this money will be divided up is yet to be announced.

However, this is a definite boost to the Digital Britain plan, as the government has been looking for ways of funding the broadband for all service, where every household in the UK should be able to get a broadband connection, no matter where they are located.

Story link: EU gives UK £265 million for energy and broadband


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