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(FSB) has slammed government broadband plans for lacking ambition and being in a "time warp".

FSB national chairman John Wright said more than half of small businesses rely on the internet for up to 50% of their annual turnover. "By 2012, £1 in every £5 will come from online commerce, but if small businesses are to compete, the government must take bolder action."

He said FSB research showed that a third of SMEs have access to 2Mbps broadband, but around 60% want a minimum broadband speed of 8Mbps. Read More...