Levy on broadband providers could fund completion of superfast broadband scheme in the UK

The government has committed to delivering “near universal superfast broadband” across UK homes before the next general election in 2020, and follows earlier pledges by the previous coalition government to ensure that superfast broadband services are available to at least 90% of the UK by the end of 2015 and 95% of the UK by the end of 2017. 'Superfast' broadband refers to internet speeds of at least 30 megabits per second (mbps).

According to a report by the Financial Times, the government could fund the delivery of its superfast broadband policy by imposing a levy on broadband providers. The levy might raise as much as £500 million, according to the report.

Plans to make 'ultrafast' broadband services available across the UK were outlined earlier this year. Ultrafast broadband is internet speeds measuring at least 100 mbps. In its manifesto, the Conservatives said they would ensure 'ultrafast' broadband is "available to nearly all UK premises as soon as practicable". They have not said what is meant by 'nearly all'.