John Penrose, the UK prime minister's anti-corruption champion, has urged the government to prioritise enabling the safe sharing of customer data. Along with a coalition of business groups, Penrose argues that the Data Protection and Digital Information (No.2) Bill (DPDI No.2 Bill) needs greater clarity to accelerate business investment in data sharing. The lack of a clear timetable for introducing changes puts the UK at risk of falling behind global competitors, which could lead to missed global opportunities. To avoid this, he calls for firm implementation plans and timetables from ministers. Penrose points to the success of the UK's open banking regime as evidence of the potential benefits of data sharing.
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