Labour
November 25, 2019
Full-fibre has low maintenance costs once rolled out, which can be estimated at around £230 million a year.
Truthfullness 2 / 5
Fact checked by: fullfact
Notes
This appears to be a mis-calculation which labour have corrected, so they deserve some credit for that.
However, they were way off, the actual figure is £580 million per year.
It’s because of the present value of money in the future is worth less today. £1,100 in a years time might be worth £1,000 today.
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