Slow broadband named biggest time waster in small businesses

Slow broadband speeds have been named as the biggest cause of timewasting in Britain’s businesses, YouGov has claimed.

 

Slow broadband speeds have been named as the biggest cause of timewasting in Britain’s businesses, YouGov has claimed.

The research firm conducted a study which which showed that over half of the UK’s smaller businesses were affected by slower broadband.

57% of businesses also claimed that they considered broadband essential to their operations. 

It is thought that, on average, workers lose up to 15 minutes of production per day due to inadequate broadband facilities. For smaller businesses, this could potentially add up to over a day lost every week. 

As well as hitting productivity, broadband struggles for small business has also been blamed for lack of expansion, with many firms claiming they want to improve online advertising but were unable due to broadband issues. 

Virgin Media Business initiated the study, claiming that it wants to work with businesses in order to bring productivity levels up with improved broadband. 

Managing Director of Virgin Media Business, Peter Kelly, said that small businesses were important to the country and should be helped at all costs. 

“Small businesses are the lifeblood of the UK's economy but need the right tools and technology to thrive."

He added that Virgin Media Business’ new, ultrafast speeds meant that businesses could get ahead in the current market.

Virgin Media Business currently offers a newly formed 300Mbps business package - over four times faster than the equivalent from other providers. 

Source: USwitch

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