UK Countryside Should Attract StartupsAdded: Monday, January 12th, 2015
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The UK government is sure that rural areas will overtake urban areas as the driving force of the country’s economy thanks to superfast Internet leading to a boom in business startups there.
A recent report from the Department for Environment, Food and Rural Affairs (DEFRA) revealed that over the next dozen years, productivity in the countryside should grow faster than in the cities – for the first time since the industrial revolution.
According to the environment secretary, people are more likely to start up a business in the countryside than in the town. Apparently, it’s just a myth that innovation happens in major cities – in reality, there’s lots of innovation, lots of exports and new technology startups in the countryside.
The same DEFRA study confirmed that more people keep moving to the countryside from the cities, than vice versa. Moreover, many of people who move to the rural area look much wealthier and more likely to start up a business.
For example, more than 1/4 of all businesses (a bit less than 500,000) are in the rural area and more people tend to start businesses in the countryside than in major towns, except for London. The report reveals that the current productivity in the countryside is 83% that of the cities. The statistics said that about 2 million people are working online from home in the countryside. As a result, the rural population in the UK is expected to increase by 6% in the next decade. In its turn, more jobs and higher wages in the rural areas would eliminate the need for people to commute to cities thanks to using new technology.
The British government has set a target to get 95% of the country’s superfast Internet by 2017. The program is backed by £780m in funding.
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Monday, January 12th, 2015
|posted by (2015-01-12 11:35:12)|
|@ Selsley - I know what you mean, Not to mention driving Chelsea Tractors (SUV's) and paying no attention to local road laws or consideration for oncoming traffic, There's usually a little bunch of them at the pub in one corner "Toffing" it up and not joining in with any of the locals.|
Quite often a wine bar will open up in the village for no other reason but to serve them.
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