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UK launches Smart Data Group to bring benefits of open banking to more sectors

UK launches Smart Data Group to bring benefits of open banking to more sectors

Finextra5 hours ago

The UK is looking to build on the success of open banking through the launch of a government-backed, industry-led Smart Data Group designed to unlock £28 billion in economic value across a variety of sectors.
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Last week, the Data (Use and Access) Bill passed in parliament, paving the way for the expansion of the open banking model, giving consumers the power to share their data more widely across new use cases in energy, finance, telecoms and retail.
By enabling Brits to explicitly consent to secure, standardised sharing of personal data with providers, the aim is to ensure these users can get tailored services, seamless switching, and better deals.
Chaired by former Minister for Smart Data, Paul Scully, The Smart Data Group has been tasked with making this a reality, uniting policymakers and industry experts.
Open banking veterans Richard Newman and Clare Ambrosino will be in operational charge of the group, with advisory board members including Jonathan Ashworth, Lord Iain McNicol, Lord Martin Callanan, and Sir Robbie Gibb, underscoring strong cross-party support.
Business and Trade Minister Justin Madders says: 'Smart Data has the power to transform the way we do business and has potential to supercharge start-ups across the country.
'This new group will play an important role in unlocking that potential, and our modern Industrial Strategy will be a driving force to boost our priority sectors and drive economic growth right across the nation.'

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Assisted dying bill due for final Commons debate ahead of crunch vote
Assisted dying bill due for final Commons debate ahead of crunch vote

BBC News

time29 minutes ago

  • BBC News

Assisted dying bill due for final Commons debate ahead of crunch vote

Update: Date: 08:55 BST Title: What changes have been made to the assisted dying bill? Content: Oscar BentleyPolitical reporter MPs have made various changes to the assisted dying bill since they first voted on it in November. The main one has been the replacement of the role of a High Court judge in signing off an application for an assisted death with a panel of experts. The panel would contain a senior lawyer, a psychiatrist, and a social worker. Supporters of the bill argue it makes the process stronger by adding 'extra expertise'. The change was made after MPs heard evidence there was a lack of court capacity to deal with assisted death applications. MPs have also passed amendments that would ban healthcare professionals from raising assisted dying with under 18s (under 18s were already unable to access an assisted death in the original bill), banning the advertising of assisted dying, and preventing the automatic investigation of an assisted death to a coroner. The original bill said doctors wouldn't be obligated to take part in an assisted death. But another change made to the bill has expanded this to all healthcare professionals, for example social care workers or pharmacists. It is normal for bills to undergo some change during the legislative process. This is part of the scrutiny given to draft laws by MPs. Update: Date: 08:48 BST Title: A make or break moment for MPs voting on assisted dying Content: Helen CattPolitical correspondent It's been seven months since MPs last voted on this bill as a whole. Then they backed the principle of changing the law. Since then, MPs have been working on the detail of how it would be done. The bill has gone through more than 100 hours of scrutiny in Parliament with plenty of impassioned debate on both sides. Expect more of that today. MPs have been carefully considering their positions and, in some cases, changing them. The vote in a few hours' time will be a make or break moment – as it decides if this attempt to change the law will continue on to the House of Lords, or if it will come to an end. Update: Date: 08:45 BST Title: Get in touch Content: How are you being affected by the issues in this story? You can contact us in the following ways: Update: Date: 08:40 BST Title: Badenoch: I will be voting no Content: Alex PartridgeBBC Westminster Conservative leader Kemi Badenoch said the assisted dying bill, due to be voted on in its final stage by MPs, is a 'bad bill' and has 'not been done properly'. On Thursday, Badenoch said she had previously been supportive of the idea but 'this is not how we should do legislation like this' and doesn't believe the 'NHS and other services are ready'. While emphasising that her party has made it a free vote - when MPs can vote according to their conscience, rather than along party line - she says 'I will be voting no and I hope as many Conservative MPs as possible will be supporting me in that'. Update: Date: 08:35 BST Title: Bill now in 'stronger place' after changes, Labour MP says Content: We've just heard from Labour MP Jack Abbott, who says he'll now be voting for the assisted dying bill after originally voting against it back in November. Abbott tells BBC Radio 4's Today programme he joined a committee scrutinising the proposal following the vote last year and he now feels the bill is in a "stronger place" after it underwent a series of changes. Originally, a High Court judge would have to approve each request to end a life but this requirement has now been switched to a three-person panel - whose members, Abbott says, would need to receive training on coercion to ensure applicants are not pushed to undergo the process. The Ipswich MP says the changes are helping widen "the safety net" to ensure Parliament delivers on a "safe and compassionate" bill helping terminally ill people end their life. He adds the vote is likely to be "close". Update: Date: 08:28 BST Title: Labour MP opposing bill over 'lack of safeguards' Content: Josh Fenton-Glynn, the Labour MP for Calder Valley, is planning on voting against the bill and tells the BBC he supports assisted dying in principle, but thinks the bill lacks safeguards to protect against both family and medical coercion. "I'd like to see a good assisted dying bill, but unfortunately this isn't one," he tells BBC Radio 4's Today programme. Asked what concerns him, Fenton-Glynn says his background in social care and local council work means his is aware of the financial pressures caring for people exerts on both relatives and organisations. "I've seen what happens when families are tired and desperate at the end," he says, adding that it often leads them to make poor decisions over paying for care. He also cites concerns from disability rights organisations, who say people with disabilities often "feel pushed into these decisions" they would not already do. Update: Date: 08:24 BST Title: 'The dignity of choice': Why some are backing the bill Content: Dame Esther Rantzen, who has stage four lung cancer, has joined Dignitas in Switzerland Supporters of assisted dying have set out several reasons why they want the bill to be legalised. The Labour MP, Kim Leadbeater, who brought forward the bill said the legislation "would give dying people, under very stringent criteria, choice, autonomy and dignity, at the end of their lives". The Dignity in Dying campaign group said her bill provides the "most detailed, robust proposals" on the issue that "Westminster has ever considered". Chief executive Sarah Wootton said that the fact that every year "up to 650 terminally ill people end their own lives, often in lonely and traumatic ways," proves the need for reform. Broadcaster Dame Esther Rantzen, who has stage-four lung cancer, is another long-standing campaigner for change. "All I'm asking for is that we be given the dignity of choice," she said. Update: Date: 08:21 BST Title: Growing number of MPs changing their mind on assisted dying Content: Labour's Markus Campbell-Savours is among those opposing it The assisted dying bill was supported by 330 MPs last year, passing its first major vote in the House of Commons with a majority of 55 MPs from a wide range of political parties. Since last year, at least a dozen MPs who backed or abstained on the bill had said they were likely to oppose it. On Thursday, a further four Labour MPs said they were switching sides to oppose the bill. Markus Campbell-Savours, Kanishka Narayan, Paul Foster and Jonathan Hinder said the bill had been "drastically weakened" since last year's vote. In a letter to colleagues, they warned that safeguards in the bill were "insufficient" and would "put vulnerable people in harm's way". Read more about the growing number of MPs changing their mind of assisted dying. Update: Date: 08:13 BST Title: Who is Kim Leadbeater, the Labour MP behind the bill? Content: Kim Leadbeater became the Labour MP for Batley and Spen in 2021, after winning a by-election in the constituency by just 323 votes. She is the sister of the constituency's former MP Jo Cox, who was murdered by a right-wing extremist in 2016. She campaigned on issues such as increasing the safety of MPs and tackling online abuse. However, the cause she is now most known for is leading the campaign for assisted dying. Opening the debate on the bill in November, Leadbeater said the legislation "would give dying people, under very stringent criteria, choice, autonomy and dignity, at the end of their lives". She said the current law "is failing people" and MPs have a "duty to do what is right to fix it". "Most people believe, as I do, that we should all have the right to make the choices and decisions we want about our own bodies," she said. Update: Date: 08:04 BST Title: What is the assisted dying bill? Content: The Terminally Ill Adults (End of Life) Bill,, external was introduced by Labour MP Kim Leadbeater. It proposes letting terminally ill people end their life if they: Once an application has been approved, the patient would have to wait 14 days before proceeding. A doctor would prepare the substance being used to end the patient's life, but the person would take it themselves. The bill defines the co-ordinating doctor as a registered medical practitioner with "training, qualifications and experience" at a level to be specified by the health secretary. It does not say which drug would be used. It would be illegal to coerce someone into declaring they want to end their life, with a possible 14-year prison sentence. Update: Date: 07:57 BST Title: MPs set to vote on assisted dying bill Content: The bill was put forward by Labour MP Kim Leadbeater Welcome to our live coverage, as the assisted dying bill returns to the Commons for its third reading, and a vote which could either see it fail or move to its next stage in the House of Lords. The assisted dying bill is a proposed law that would allow some terminally-ill adults expected to die within six months to seek help to end their own life in England and Wales. In November, MPs voted in favour of the bill, meaning it had moved a step closer to becoming law. Since then, the bill has been making its way through the House of Commons to be scrutinised, discussed and amended. If passed in the Commons, the bill will go through five stages in the House of Lords and further rounds of voting. If it is not approved, the bill will not go on to become law, making today a decisive moment for this landmark legislation. Some amendments are expected to be voted on first this morning, before a debate on the bill as a whole begins. We'll bring you the key developments from the debate in the Commons, so stay with us.

'Inflation and customer cutbacks' blamed for big dive in retail sales
'Inflation and customer cutbacks' blamed for big dive in retail sales

Sky News

time34 minutes ago

  • Sky News

'Inflation and customer cutbacks' blamed for big dive in retail sales

Retail sales volumes suffered their largest monthly fall since December 2023 last month, according to official figures which suggest a link to rising bills. The Office for National Statistics (ONS) reported a 2.7% decline in the quantity of goods bought in May compared to the previous month. The body said its interaction with retailers suggested " inflation and customer cutbacks" accounted for the fall, which was across all categories, but led by food. The seasonally adjusted data - which reflects the effects of holidays - means that those for Easter are modified to give a clearer picture of sales trends. A poll of economists by the Reuters news agency had expected to see a decline in volumes of just 0.5% in May following April's growth of 1.3%. May was the month when households would have noticed the hit from the so-called 'awful April' above-inflation hikes to essential bills, including council tax, water, mobiles, broadband and energy. Retail sales growth had proved to be resilient this year until May but April brought a number of additional curveballs to confuse sentiment and place pressure on the economy generally. 2:01 Donald Trump's "liberation day" tariff regime kicked in while Budget measures, including rises to minimum pay levels and employer national insurance contributions (NICs), also placed additional costs on businesses. Retail is the UK's largest private sector employer. It had threatened higher prices and hits to hiring and wage growth ahead of the tax take coming into effect. While the inflation picture for May was largely flat, the ONS reported last week employment data showing a tick up in the unemployment rate to 4.6% in the three months to April. Figures from the taxman also showed a 109,000 decline in payrolled employment during May. Further data from the ONS on Friday revealed a £1.8bn jump in additional "compulsory social contributions" - largely made up of NICs - in May. It took the extra tax take to a record £30.2bn across April and May but borrowing still surged to £17.7bn last month, the second highest figure on record for May, the ONS said, as the chancellor bids to grow the economy within tight fiscal rules. Consumer spending accounts for around 60% of UK output. A closely-watched measure of consumer confidence covering June showed no rise in consumers' expectations for spending on so-called big ticket items. The GfK survey was taken after the UK's trade truce with the US but before Israel's air war with Iran began. That has pushed oil and natural gas prices up by double-digit percentage levels in under a week, threatening a new energy-led cost of living threat. It's another challenge that retailers, businesses more widely, and Rachel Reeves could do without. Thomas Pugh, economist at audit firm RSM UK, said: "Looking ahead to the budget in the autumn, the under performance of the economy and higher borrowing costs mean the chancellor may already have lost the £9.9bn of fiscal headroom that she clawed back in March. "Throw in the tough outlook for many government departments announced in the spending review and U-turns on welfare spending and the chancellor will probably have to announce some top-up tax increases after the summer."

BREAKING NEWS Pro-Palestine protesters 'break into Brize Norton and damage two military planes with red paint' in huge security breach
BREAKING NEWS Pro-Palestine protesters 'break into Brize Norton and damage two military planes with red paint' in huge security breach

Daily Mail​

time34 minutes ago

  • Daily Mail​

BREAKING NEWS Pro-Palestine protesters 'break into Brize Norton and damage two military planes with red paint' in huge security breach

Pro-Palestine protesters have claimed responsibility for breaking into RAF Brize Norton and damaging two military planes in a shocking breach of security. Palestine Action said two of its activists infiltrated Britain's largest RAF base and sprayed red paint into the engines of two Airbus Voyager aircraft before escaping without being caught. Shocking footage shared by the group this morning shows protesters storming across the RAF runway in Oxfordshire on electric scooters. The bodycam footage then shows them spraying red paint into the turbine engines of the air-to-air refuelling tankers which the RAF say are 'vital for enhancing the operational reach and flexibility of Britain's military air power'. Palestine Action claim to have used repurposed fire extinguishers to spray the paint, while they say they caused further damage with crowbars. The activists said they sprayed red paint across the runway and left a Palestine flag behind before fleeing the base undetected. The alleged protest will raise huge questions over security at the RAF base at a time when the world is teetering on the brink with war raging in the Middle East and state threats from both Russia and Iran. Brize Norton is the largest RAF base in the country with approximately 5,800 service members, 300 civilian staff and 1,200 contractors. Voyagers, described as a 'petrol station in the sky', can carry up to 109 tonnes of fuel and are used to refuel fighter and compatible heavy aircraft. RAF Brize Norton hold a core fleet of nine voyagers, while five others are available for commercial use but can be recalled for military purposes. The RAF is reportedly planning to send Voyager aircraft to the Middle East as the conflict between Israel and Iran escalates. One of the Voyagers, which has a Union Jack on its tail, has previously been used to transport prime ministers and Royal Family members to engagements abroad. A Palestine Action spokesperson said: 'Despite publicly condemning the Israeli government, Britain continues to send military cargo, fly spy planes over Gaza and refuel US/Israeli fighter jets. 'Britain isn't just complicit, it's an active participant in the Gaza genocide and war crimes across the Middle East. 'By decommissioning two military planes, Palestine Action have directly intervened in the genocide and prevented crimes against the Palestinian people.'

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