Independent broadband provider to expand its network to 140,000 rural homes
Wessex Internet, a family-owned business that cares deeply about the rural communities it connects, was originally founded in 2010 to bring an internet connection to the founder's local village based close to Blandford Forum in Dorset.
Since then, Wessex Internet has since grown into a Dorset success story and has already installed full fibre broadband to a network of 40,000 hard-to-reach homes and businesses across Dorset, Somerset, Wiltshire, and Hampshire.
Its success has attracted a recent investment of £50m from the National Wealth Fund that, combined with £72m awarded from BDUK as part of Project Gigabit, will proudly help them to expand to an incredible 137,000 homes and businesses in rural parts of the South West, and support local communities that are often left behind by bigger broadband providers - bridging the digital divide.
Wessex Internet has proven that it is possible to provide rural communities with ultrafast, reliable full fibre broadband – an essential service that will help to keep local communities thriving. Their approach to community focussed broadband is even award winning! From being named as the UK's Rural Enterprise at the 2024 Countryside Alliance Awards and the winner of the Best Community Project at the 2024 INCA awards.
Not only are they focussed on the quality and service, Wessex Internet is also known for its 'sustainability first' approach to building the broadband network. The company will always work closely with the community, farmers and landowners to pick the best route for laying cables to minimise disruption and the need for roadworks wherever possible.
Understanding the communities they build to and serve is at the heart of the company and in addition to working closely with them, for every area they build to, the company commits to support a local project and provides a connection to full fibre broadband for only £1.
The Yellow Bus Project located in Shillingstone, Dorset has been a recent beneficiary. A spokesperson at the Yellow Bus Project has said, 'We can enable school children who visit the site to instantly research topics that spring up during their visits. It has also allowed us to develop our social media with informative videos and posts, keeping everyone in the community informed'.
Award-winning and ultrafast rural broadband with download speeds of up to 900 Mbps, 13 times faster than the UK average, from just £29/month across Dorset, Somerset, Wiltshire and Hampshire. Find out if you can switch today: www.wessexinternet.com [with tracking link embedded]
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Bank of England set to cut rate as UK economy weakens
The Bank of England is widely expected to cut its key interest rate Thursday, with policymakers mindful of US tariffs and their potential risks to an already-struggling UK economy. With the BoE likely to trim borrowing costs by a quarter point to 4.0 percent, focus will be on potential changes to the central bank's economic growth and inflation outlooks. "There are clear signs of (UK) economic deterioration, particularly stemming from the labour market," Victoria Scholar, head of investment at Interactive Investor, noted ahead of the latest rate call. "Yet policymakers must weigh this up against the risk of inflationary pressures particularly with rising food prices and international uncertainty around (US President Donald) Trump's tariffs and volatility in energy markets." Against this backdrop, analysts expect splits within the Bank's Monetary Policy Committee. Some argue that while the majority of the nine policymakers, including governor Andrew Bailey, will vote for a quarter-point cut, some are likely to demand an even larger reduction and others no change. A quarter-point cut Thursday would be the BoE's fifth such reduction since starting a trimming cycle in August 2024, emphasising its "gradual" approach to reducing rates. The BoE's main task is to keep Britain's annual inflation rate at 2.0 percent but the latest official data showed it had jumped unexpectedly to an 18-month high in June. The Consumer Prices Index increased to 3.6 percent as motor fuel and food prices stayed high. - Weak economy - Latest official figures also show that Britain's economy unexpectedly contracted for a second month running in May and UK unemployment is at a near four-year high of 4.7 percent. This is largely down to Prime Minister Keir Starmer's Labour government increasing a UK business tax from April, the same month that the country became subject to Trump's 10-percent baseline tariff on most goods. London and Washington reached an agreement in May to cut levies of more than 10 percent imposed by Trump on certain UK-made items imported by the United States, notably vehicles. Last month, the BoE warned in a report that tariff unpredictability and Middle East conflicts pose risks to UK financial stability. The US Federal Reserve last week kept interest rates unchanged, defying strong political pressure from Trump to slash borrowing costs in a bid to boost the world's biggest economy. Asked about US tariffs following the decision, Fed Chair Jerome Powell told a press conference: "We're still a ways away from seeing where things settle down." The European Central Bank is meanwhile widely expected to keep rates unchanged at its next meeting, with eurozone inflation around the ECB's two-percent target. But that could change, according to some economists, based on how Trump's tariffs affect the single-currency bloc. bcp/ajb/rl/tc Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 hours ago
- Yahoo
iSAM Securities Launches Parallax: High-Transparency Risk Share Model
LONDON, August 07, 2025--(BUSINESS WIRE)--iSAM Securities has announced the launch of Parallax, a proprietary risk share model designed to help brokers unlock additional value from their client flow through transparent, performance-aligned risk sharing. Developed in-house by iSAM Securities' experienced trading, quant, and development teams, Parallax enables brokers to share in both the risk and reward of internalised trading activity without investing in costly risk infrastructure. Paired with iSAM Securities' existing institutional-grade pricing built in-house, Parallax offers clients a structured path to revenue diversification. Chris Twort, Head of Trading at iSAM Securities commented, "We have designed Parallax in response to client demand for greater transparency and stronger collaboration in the typical risk share model. Many brokers are left in the dark when it comes to how their flow is performing. With Parallax, this is at the forefront of what we do, providing clients with daily visibility of performance, so they always know exactly how much they're earning and why. We believe this level of transparency has been missing from existing risk share programs on the market, and we strive to help our clients overcome this." Parallax introduces a new standard to risk shares, built around institutional-grade pricing, low-latency execution, daily visibility of performance, and clear, pre-agreed payout structures. The introduction of Parallax further builds out iSAM Securities' all-round offering with the group's comprehensive risk management tool, Radar, providing detailed analytics on brokers' book performance in real-time. Parallax is now available to brokers globally, with tailored commercial agreements based on flow characteristics and business models. Register your interest in Parallax here. About iSAM Securities iSAM Securities¹, regulated by the FCA, SFC, and CIMA registered, is a leading algorithmic trading firm and trusted electronic market maker, providing liquidity, cutting-edge proprietary technology, prime services, and real-time risk analytics to institutional clients and trading venues globally. For further information, please visit ¹ iSAM Securities (UK) Limited, iSAM Securities (EU) Limited, iSAM Securities (HK) Limited, iSAM Securities (Global) Limited, iSAM Securities Limited and iSAM Securities (USA) Inc. are together "iSAM Securities". View source version on Contacts Media Contact: Molly Sullivanmarketing@
Yahoo
4 hours ago
- Yahoo
These Three REITs Announced The Biggest Dividend Increases In June—Which One Do Analysts Like The Most?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Nothing attracts a passive income investor's attention like news of stocks paying increased dividends. If higher dividend yields are your cup of tea, check out the three real estate investment trusts with the biggest dividend increases in June. Shop Top Mortgage Rates Personalized rates in minutes A quicker path to financial freedom Your Path to Homeownership Sun Communities (NYSE: SUI) was the biggest winner. In June, Sun announced a 10.6% dividend increase, which translates to a $1.04 per share payout for investors. The residential REIT specializes in owning and operating manufactured housing and residential vehicle communities. Sun's portfolio includes 502 properties spread across the U.S., the U.K., and Canada. Don't Miss: The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. This REIT's assets are 337 manufactured home communities and165 residential vehicle communities. These communities have traditionally served consumers looking for lower-cost options than single-family homes or apartments. Skyrocketing housing prices throughout the U.S. have led to sustained growth in both sectors. Despite that, Sun Communities' share price has been trending downward for the last nine months. It's currently trading around $116, but many analysts believe it's primed for a comeback. Benzinga recently compiled the opinions of 10 analysts, and Sun Communities' average 12-month price target is $139.12. The highest estimate is $147, while the lowest is $126. Both are improvements over the current share price. There may be solid upside for investors here. Millrose Properties (NYSE: MRP) was the second-largest dividend winner for shareholders. It announced a 6.2% quarterly dividend increase in June, which translates to $0.69 per share, which the REIT paid on July 15. This specialty REIT refers to itself as a Homesite Option Purchase Platform. It acquires homesites for builders and then grants the builder an option to purchase the homesite at a later date. Trending: Accredited Investors: Grab Pre-IPO Shares of the AI Company Powering Hasbro, Sephora & MGM— Once a builder has finished developing the homesite, they can exercise their option to buy the developed land from Millrose. Then, Millrose uses the sale profits to identify new home sites. If the builder declines the option, Millrose has a readymade home site that it can sell to another builder or developer. Millrose Properties was created as a spinoff from Lennar (NYSE: LEN LEN.B) and has only been trading since February. Since then, Millrose Properties' share price has risen from $21.94 to its current price of $30.54. This is a new REIT with a unique business model, but its relationship with Lennar suggests that it may have at least one long-term partner for its projects. With that said, Millrose Properties' short track record certainly raises its risk profile. Benzinga's compilation of analyst ratings shows an average share price of $31.50, which doesn't represent tremendous growth from today's price of $30.54. It's important to remember that Rome wasn't built in a day, and Millrose Properties helps to provide a product that every American needs. This could be a solid long-term growth Properties (NYSE: EPRT) is third on the list with a modest 1.7% dividend increase. That bump will net Essential Properties' shareholders $0.30 per share. This commercial REIT operates a portfolio of free-standing, single-tenant properties with net leases to long-term tenants. According to Essential Properties' website, its portfolio includes 2,190 units in 49 states. Perhaps most impressively, Essential Properties has a 99.6% occupancy rate. Benzinga surveyed a panel of 20 analysts, and the average price target for Essential Properties was $32.96. That offers some upside from the current share price of $30.67, and shareholders will also earn a 3.84% dividend. Essential Properties may not offer the excitement of an AI stock, but its share price has grown since its 2018 IPO price of $13.50. It has the potential to be a long-term winner, but this REIT is still in its very early stages. Read Next: , which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum. Image: Shutterstock This article These Three REITs Announced The Biggest Dividend Increases In June—Which One Do Analysts Like The Most? originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
