UK to put up £1BN for full fiber broadband and 5G, £400M extra for VC -pt. from TechCrunch » Google-

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Various denominations of pound notes are seen in this arranged photograph in London, U.K., on Thursday, May 17, 2012. U.K. Prime Minister David Cameron plans to say today he won't swerve from his austerity plan, warning members of the European single currency that failure to resolve their problems carry "huge risks for everybody." Photographer: Chris Ratcliffe/Bloomberg via Getty Images The UK government has confirmed it will be borrowing to try to encourage investment in high speed fiber broadband networks and 5G technology — with a plan to spend over £1BN by 2020-2021 to bolster the country’s digital infrastructure. Read More

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