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A review on investment into a new high-speed broadband network will advise that there is no need for the government to make a huge cash injection.

Reports suggest that the government review, led by Francesco Caio, vice-chairman of Lehman Brothers in Europe, will make the recommendation when released today (Friday, September 12th).

Mr Caio points out that investment from the private sector will be sufficient to carry out the broadband network upgrades deemed vital to the future of the British economy.

He said: "The case for a public intervention at this time is weak at best.

"There is little evidence in the short term the UK is going to suffer from the lack of an extensive next-generation access network."

BT has pledged £1.5 billion towards the provision of a high-speed broadband network across the UK.

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