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.
