Yorkshire and the Humber set for £12m boost from high-speed fibre broadband schemes

Yorkshire and the Humber is set to receive a £12m boost from an initiative which sees Openreach bring high-speed fibre broadband to rural homes and businesses.

A study published on Monday (12th March) estimates that Openreach’s Community Fibre Partnerships (CFP) programme will be worth £12m to the region over the next 15 years.

The independent report, by Regeneris Consulting, highlights the business, residential and social benefits provided by the high-speed fibre broadband, which are calculated to be worth, on average, £800k to each community.

Across the UK, more than 500 communities have already signed up to the CFP programme, of which around 25 are in Yorkshire and the Humber.

The CFP programme enables communities wanting faster speeds, but not included in any fibre broadband roll-out plans, to jointly fund an upgrade to fibre alongside Openreach, the business responsible for Britain’s largest phone and broadband network.

The report ‘The Impact of High-Speed Broadband for Communities’ examines the economic impact of Community Fibre Partnerships on businesses and households over 15 years and the social benefits over seven and a half years.

For Yorkshire and the Humber businesses, improvements in productivity, efficiency, flexible working, innovation and finding new markets and customers are expected to be worth more than £4.6m; whilst households get economic and social benefits worth about £7.5m.

The boost to the value of a residential property when fibre broadband is provided is also highlighted.

Positive social benefits as a result of the CFP programme include better access to employment opportunities and on-line healthcare.

Simon Hooton, director at Regeneris Consulting, said: “Despite delivery challenges in more rural areas, high speed broadband is vital to the prospects of communities across the UK. This report shows the breadth and scale of benefits generated when you bring high speed connectivity into those communities for the first time.

“The evidence from the latest research, and from residents and businesses themselves, is that broadband opens up new opportunities which enhance people’s lives and can have a positive impact on their health and the environment around them.”

Derek Richardson, Openreach programme director for Yorkshire and the Humber, added: “The tremendous power of fibre broadband is made very clear in this report. It’s heartening to see the many benefits that these partnerships are giving to our communities in so many different ways.

“This technology is making a major contribution to the future success and prosperity of people across Yorkshire and the Humber. Around 94 per cent of local homes and businesses now have access to superfast fibre broadband – but we recognise there is more to do. We are committed to making faster broadband as widely available as possible.”

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