The Smart Data Roadmap: action the government is taking in 2024 to 2025
Next steps to creating a Smart Data economy in the UK in banking, energy, finance, home buying, retail, telecommunications and transport.
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The Data Protection and Digital Information Bill will help the government deliver the benefits and safeguards required for a Smart Data economy.
This document sets out how the government will use these new powers over the coming year by first identifying the opportunities and challenges in implementing Smart Data schemes in 7 sectors.
Smart Data unlocks data for individuals and businesses. It allows businesses to easily access this data, with consumers’ consent, to provide new services that promote:
- investment
- productivity
- competitive outcomes
- economic growth