Budget 2016: KPMG Welcomes Connected Vehicle Reform

KPMG Welcomes Connected Vehicle Reform

Alex Holt, Partner and Head of Telecoms at KPMG comments on the Chancellor's encouragement to connected vehicle technology in the UK.

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Alex Holt, Partner and Head of Telecoms at KPMG, said: "I welcome the Chancellor's encouragement of connected vehicle technology in the UK. While some people may be terrified about the prospect of autonomous or driverless vehicles on the streets of the UK, in my view it's a reality they'll need to get used to. 

"The Government’s announcement to bring down the regulatory barriers facing autonomous vehicles and establishing a ‘connected corridor’ from London to Dover are the sort of measures that might encourage significant telecoms infrastructure investments. Seamless, high quality and ultra-fast fixed and mobile connectivity is essential for successful and safe deployment of connected vehicles.

"The sooner Ofcom can conclude the Digital Communications Review, the sooner organisations can get the long-term assurance they need to write the big cheques for telecoms infrastructure that will underpin the creation of new digital opportunities, such as connected vehicles."

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About KPMG

KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 12,000 partners and staff.  The UK firm recorded a revenue of £1.96 billion in the year ended September 2015. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 174,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity.  Each KPMG firm is a legally distinct and separate entity and describes itself as such. 

Budget 2016

Budget 2016

Expert insight and analysis of the Chancellor's 2016 Budget Statement.

This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.

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