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Smart data is a £27.8bn opportunity for the UK

8 0
20.06.2025

The launch of the Smart Data Group marks a pivotal moment in unlocking the UK’s data-driven growth, turning trusted data-sharing into a £27.8bn engine for innovation, competition, and empowered consumers, says Paul Scully

The UK’s competitive edge depends on its ability to innovate. Just last week, at London Tech week, Nvidia CEO Jensen Huang described the UK as being in a ‘Goldilocks’ position to harness technology and AI for growth, citing the country’s deep expertise, supportive regulatory environment, and strong academic foundations.

This week, as we launch the Smart Data Group in Parliament, we seize this pivotal moment to cement the UK’s global leadership. Forget abstract concepts: smart data is the practical key to unlocking an estimated £27.8bn for our economy, creating new markets and putting power back into the hands of consumers and businesses. It is pivotal to the governments’ ambition to accelerate digital innovation to enhance productivity and deliver economic growth.

What is it? Smart data is the secure, standardised sharing of your information with your explicit........

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