Ahead of the publication of his upcoming Digital Britain report, communications minister Stephen Carter has highlighted the need for super-fast broadband from a business perspective.
Lord Carter told the Joint Westminster eForum & Westminster Media Forum keynote seminar, Digital Britain, that fibre-optic cable broadband would be necessary for the UK in the coming years, suggesting the infrastructure should be put in place as soon as possible.
He said that if the UK waits for too long to undertake the task, firms will suffer in the future.
"Digital inclusion is as important for businesses as it is for government, not least because if you leave it as a residual problem the end intervention ends up being more punitive," said Lord Carter.
"For that reason, which is a sort of notably commercially self-interested reason, it's best to get ahead of the problem."
A "comprehensive analysis" of the UK's digital economy will be included in the Digital Britain report, which will put forward proposals to both the government and the private sector.