Driverless cars, drones and spaceport to feature in Queen's speech
Driverless cars, drones and a proposed first commercial spaceport for the UK will feature in the Queen's speech. The Department for Transport has said such cutting-edge technologies are crucial to the country's economy and that its proposals, to be unveiled on Wednesday, will help deliver jobs. Legislation will be introduced to enable driverless cars, already trialled in the UK, to be insured under ordinary policies. The government has said that the spaceport will be constructed by the end of the current parliament. The self-driving car market is currently growing at 16% a year and could be worth up to 900bn worldwide by 2025, while the port is part of the government's plan to raise revenues in the space sector from 12bn to 40bn by 2030, which would mean capturing about 10% of the sector worldwide.
May-15-2016, 12:55:03 GMT
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