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Investment in ICT 'could create 700,000 jobs'

Discussion in 'News' started by wagnerk, May 3, 2009.

  1. wagnerk
    Highly Decorated Member Award

    wagnerk aka kitkatninja Moderator


    Investment in ICT 'could create 700,000 jobs'

    An investment of £15 billion in digital networks could lead the UK to economic recovery, a new report has suggested.

    The study, by the London School of Economics and Political Science (LSE) and the Information Technology and Innovation Foundation (ITIF), suggested that up to 700,000 new jobs could be created and maintained with this investment.

    It added that funding for ICT is more likely to spur on economic recovery than investment in physical infrastructure like roads. Robert Atkinson, president of the ITIF, said: "Nations that invest in ICT to transform fields like transportation and energy reap substantial long-term economic and social benefits.

    Read the rest of the article here.

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