Not just a ‘rural’ issue as London business also held back by slow broadband

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Despite London’s position as Europe’s leading tech city, Westminster City Council has told City AM that less than half the borough, 47 per cent, has access to super-fast broadband.

The problem is worse for SMEs, which account for 65 per cent of the borough’s 50,000 businesses, and cannot afford premium-grade business services, it said.

Westminster councillor Daniel Astaire said: “It is economically illiterate: over half of Westminster is stuck with painfully slow broadband, leaving London lagging behind other European capitals.”

The Mayor’s office says that super-fast internet could boost London’s economy by around £4bn by 2024.