Autumn Budget 2018: Austerity moves aside as discipline takes over
Today’s Autumn Budget announcement yielded few surprises for the telecoms sector. Chancellor Philip Hammond, in what should be the UK’s last budget as part of the EU bloc, revealed that £200 million had been earmarked for programs to drive out fibre networks rurally across the UK (starting with the Borderlands, Cornwall and the Welsh Valleys), in line with the Government’s ambition to see nationwide coverage of full fibre by 2033, with 5G by 2027.