Five charts to sum up the week
, formerly a state-owned telecoms monopoly, and to provide free fibre-optic broadband for all. Britain is a laggard in fibre, which allows much higher speeds than copper wires. But its broadband is far from awful.
Ultra-fast connections are rare but so are truly sluggish ones. Talk of nationalisation may anyway be moot:suggests Labour may lose traditional strongholds to the governing Conservatives in next month’s poll. Banks have long been under assault from eager “fintech” upstarts. Now the adversaries that both sides fear more than the other, big technology companies,. So far they have made only limited inroads, at least in most Western countries. But each of the GAFA quartet is making moves. Most recently, Google has said it will start offering current accounts in America next year. Why do freewheeling techies want to get into such a heavily regulated industry? They probably don’t want to be banks, but they surely do want your data. On November 18th Mike Pompeo, America’s secretary of state, said that Israeli settlements in the West Bank were. That is consistent with other gestures by President Donald Trump’s administration favouring Israel, but not with the international consensus that the settlements, in territories Israel captured in a war with Arab states in 1967, are illegal. Some 428,000 Israeli settlers are estimated to live in the West Bank, alongside 2.6m Palestinians. Ourthis week argues that America’s decision makes peace less likely, and that Mr Trump has hemmed in whoever leads Israel next. Who that will be remains unclear. Israeli politics remains gridlocked, after two inconclusive elections. The prime minister, Binyamin Netanyahu, has been
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