Britain will get 5G Internet speeds under a major deal struck with Germany, according to a report by the DailyMail UK.

The service will provide amazing speeds that will allow users to "download a feature film in less than a second".

With the "world on fast forward", UK risks being left behind without ultra-fast broadband, Prime Minister David Cameron said at a hi-tech summit in Germany.

The deal between the two countries was made at the CeBIT 2014 trade fair in Hanover and aims at ensuring that the two European giants stay in line with advanced nations in terms of technology.

The University of Dresden, King's College University in London and the University of Surrey will collaborate to develop 5G in the UK and Germany, according to the deal.

How Fast?

The new technology will offer speeds that are '1000 times faster than current 4G'. Users will be able to enjoy speeds as fast as 1gbps. A typical movie (800 mb approximately) can be downloaded in less than a second.

It appears as though the technology is comparable to Google Fibre, an ultra-fast Internet service being offered in select cities in the US.

"It is our ambition to make the UK the most digital nation in the G8 and it is my mission to show the world that we're getting there," said Cameron.

Apart from simply developing 5G, the leaders of the two nations have also expressed ambitions to strengthen the EU's digital single market.