HM Treasury written question – answered at on 30 March 2017.
Helen Goodman
Labour, Bishop Auckland
To ask Mr Chancellor of the exchequer, whether there are plans for the receipts from the fine imposed on BT by ofcom on 27 March 2017 will be spent on the roll-out of rural broadband.
David Gauke
The Chief Secretary to the Treasury
The government is already taking a range of steps to provide rural areas with the digital infrastructure they need. The £1.7bn superfast broadband programme, will deliver at least 24 Mbps speeds to 95% of premises by the end of 2017.
We are also legislating for a new broadband Universal Service Obligation, giving people a legal right to request fast broadband services wherever they live.
Yes1 person thinks so
No0 people think not
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The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
Ofcom is the independent regulator and competition authority for the UK communications industries, with responsibilities across television, radio, telecommunications and wireless communications services.
Ofcom Web Site http://www.ofcom.org.uk
