Business

Ofcom revisits dark fibre plans

UK communications regulator, Ofcom has revealed new proposals, alongside a consultation on its Business Connectivity Market Review (BCMR), to revisit allowing companies laying high-speed fibre cables – used by large businesses, mobile operators and broadband providers – unrestricted access to Openreach’s ducts and poles.

UK announces digital services tax for large tech firms

Under the measures announced in the 2018 UK Budget, chancellor of the exchequer Philip Hammond revealed that a digital services tax (DST) is to be introduced in 2020. The new tax will force larger digital businesses such as Google, Facebook and Amazon to pay tax on UK-generated sales.

The move is designed as an interim measure, pending global reform, to make sure that the corporate tax system is ‘sustainable and fair across different types of businesses’. It is predicted that the tax could raise £1.5 billion over four years.

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