Being a well read individual I took note of the Chancellor of the Exchequer’s pre budget report this week. Some of it, in particular the bit about raising the tax rate of those earning over £150k, doesn’t apply to me (yet).
Some of it was however relevant to our industry. He endorsed the findings of the Caio Report on Next Generation Broadband Access. These findings of course said that Government should leave this investment to the free market. I can’t help but wonder when the free market will be able to spend the money. There again I don’t want my taxes raising to pay for it either.
The other relevant bit was that the Digital Britain Report is going to play a significant role in underpinning Britain’s future economic activity. I don’t think I have commented on this report before. Lord Stephen Carter, the UK’s first ever Minister for Communications Technology and Broadcasting (they just mix up the names in the title so that each new minister gets to be the first one!), is running the show. The aim is to gear the UK for leadership in the world digital economy. It’s a massive task spread across a huge range of disciplines but we have to wish him well with the job.