Businesses call for Faster UK Broadband speeds

Business leaders' group the Institute of Directors (IoD) has accused the UK government of a "poverty of ambition" on broadband speeds.

An IoD report, Ultrafast Britain, says the UK is lagging behind many European nations when installing fibre optic cables that enable the fastest broadband connections.

It is calling for faster broadband access for homes and business.

A government spokesperson said most UK homes can get "superfast" broadband.

UK government's stake Eurostar sale more 'Evidence of Undervaluing aAsets'

The government eventually sold its 40% stake in early 2015 for almost double the estimate by financial advisers.

That was good news for the taxpayer, but it underlined a "repeated tendency" to undervalue assets, the Public Accounts Committee said in a report.

The PAC also criticised delays in publishing data on the HS1 rail line.

MPs said it was "unacceptable" that there was a two-year delay by the Department for Transport in publishing an evaluation of Britain's first high-speed rail line.

It meant that important information that could have been used by Parliament to consider other projects, including the HS2 high speed line, was not available.