Broadband is 'innovation of the decade'

Broadband has contributed the most to the lives of Brits over the last 10 years.

Half of Brits think that high-speed internet has had the biggest impact on their lives over the last decade, according to new research.

Usefulness and the ability to save time were the two most popular reasons why broadband had changed people's lives, with just 40% citing cash savings.

Charlie Dawson, from business consultancy The Foundation, which conducted the research, said: "Home broadband was the winner, perhaps surprising if you thought innovation was all about shiny new gadgets.

"It's a reminder of how useful broadband has become for most people in the UK. It allows us to do lots of things more quickly, more effectively and with a lot less effort, from shopping to dating to finding stuff out.

"Perhaps this explains why 71% of UK households have broadband despite it being an extra cost that no one had to pay before it existed," added Dawson.

Broadband speeds have increased massively over the last 10 years, with cable providers like Virgin Media and BT broadband with its new fibre optic network offering speeds of up to 40Mb, 50Mb and even 100Mb broadband.

Prices have also dropped by more than 50% since 2005, research by telecoms regulator Ofcom revealed last week.

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