Bath set for potential £268m boost

CityFibre’s £22m investment into Bath’s digital infrastructure may unlock over £268m in economic benefits, according to a report by Hatch.

The study estimates that over a fifteen-year period, Bath will reap £122m in productivity and innovation gains, £27m from a widened workforce, £5m from local authority saving and £141m in increased housing value.

Technological benefits include £291m in gross added value (GVA) from 5G services, £82m from the Internet of Things and £51m from Smart City initiatives.

Kathryn Askew Smith, Area Manager for Bath at CityFibre, said: “This report demonstrates just how powerful and essential full fibre is as a catalyst for growth and a platform for innovation and investment.

“Connectivity is so important, and it will make Bath more attractive as a place to live, work and visit.”