A US$156 million boost to broadband coverage in London, Belfast, Edinburgh and Cardiff—with a further six cities to be identified later—will deliver superfast broadband to 90 per cent of homes, said Chancellor George Osborne.

This plan will create a hub of superfast cities with broadband speeds of between 80 to 100 MBPS.

“It means creating new superfast digital networks for companies across our country. These do not exist today. See what countries like China or Brazil are building, and you’ll also see why we risk falling behind the rest of the world,” said Osbourne.

“Our great cities are at the heart of our regional economies. And we will help bring world leading, superfast broadband and wi-fi connections to 10 of them—including the capitals of all four nations.”

Right now, UK ranks 25th in the world for broadband speed and the government has set itself a target to become the best equipped for broadband in the world by 2015.