Why do IPS's post there speeds in Mpbs and your download manger in Kb/s?

Answer basically yes. 10 mega bits sounds faster than 1.2Kilo Bytes a second . 1 byte is 8 bits .

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Broadband download speeds are said to be dependent on your distance from the telephone exchange,but exactly?

for a speed of just 1mb you need to be approx 3miles away but it also depends on the exchange some are updated some are still in a time warp (adsl)

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What are the average download and upload speeds in the UK?

Your upload speeds should be at least 3 MBPS.P.S: @ the random guy posting hate...I'm from the UK.. It's very multicultural. Learn facts before rants.