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Toople Plc

Budget 2020 Reiterates £5bn Pledge for UK Gigabit Broadband

The Government’s Chancellor of the Exchequer, Rishi Sunak MP, has today issued his first 2020 budget and reiterated their plan to invest £5bn of public money to help spread “gigabit-capable” broadband ISP networks across the UK by the end of 2025, as well as to push it into new build homes.

Due to Brexit and leadership changes, this is also the first budget since October 2018. But we should add that this budget replaces the usual spring statement, so we’ll get another Budget later this year.

Toople PLC (LON:TOOP) offers business broadband, fiber, Ethernet first mile and Ethernet data, business mobile phones, cloud PBX and SIP Trunking, and traditional services. Toople works with the big players in the market such as Vodafone & BT. 

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.