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This Department does not define the term specifically, and various academic studies take slightly different approaches, but broadly the digital economy underpins the whole economy and enables the UK to be competitive and more productive. Digital communications infrastructures, such as the broadcast, broadband and mobile networks, enable the delivery of services by the wider economy, as well as delivering consumer choice and services themselves. They enable our creative and content industries to continue to be among the most innovative and best in the world, and as a whole the digital economy accounts for approximately 23% of UK GDP growth according to McKinsey. |