Culture Secretary Maria Miller, chief of UK broadband policy, has raced to Brussels this morning to have crisis talks with the European Commission's competition boss, Joaquin Almunia, in a move to get state aid clearance for the £530m rollout of broadband networks in rural parts of the UK. The Department for Media, Culture and …
When is the pay-back?
Lend £500million of tax payers money to BT for fibre installation. BT rent access to the fibre to tax payers. BT use the rent to pay back the loan - oops, missed out that bit. BT keep the fibre and the rent and never pay back the loan. Lets hope Joaquin Almunia can explain Noddy's Guide to Business to Maria Miller.
The very definition of corporatism.
Politician goes to Brussels to ask for some of UK taxpayers' money back, in order to shovel it in to a private company which is a de facto monopoly. The winners - BT, Brussels, Westminster. The losers - Poor Bloody Taxpayer.
JUST DO IT! Screw brussels.....
No phone then ( :
Gotta use the train
- Breaking news: Google exec veep in terrifying SKY PLUNGE DRAMA
- Geek's Guide to Britain Kingston's aviation empire: From industry firsts to Airfix heroes
- Analysis Happy 2nd birthday, Windows 8 and Surface: Anatomy of a disaster
- Google CEO Larry Page gives Sundar Pichai keys to the kingdom
- Something for the Weekend, Sir? SKYPE has the HOTS for my NAKED WIFE