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From electric vehicles to the Internet of Things and artificial intelligence, the technologies of the future could have an enormous impact on the UK’s economic infrastructure and the ways in which rely upon it.
And finally, £390 million to build on our competitive advantage in low emission vehicles and the development of connected autonomous vehicles; plus a 100% first year capital allowance for the installation of electric vehicle charging infrastructure.
It is an Autumn Statement that contains measures that will help people all over Wales, making it easier for them to save for the future, giving people on the National Living Wage a pay rise and supporting the pioneering work of Wales’ great universities by investing in research and innovation.
Britain should seek to lead the world in harnessing the emerging technologies that can make our lives easier and our economy more productive. This study will consider how we make that happen.
The development of Open Banking – the use of technology to provide customers with more control over their accounts and financial services – is one of 17 CMA-imposed changes that will make banks work harder for their customers.
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