New £10million fund will help make 'plausible technologies of the future' a reality, says Greg Clark

Jumping in a taxi, we often have our own idea of the quickest route for the driver to take. Soon, all we may need to say is'up' – after the Business Secretary announced a £10million cash injection that will help pave the way to flying cabs. Greg Clark said the money would go towards a series of projects that focus on how to regulate 15 plausible technologies of the future. They range from airborne taxis to'robolawyers' that use artificial intelligence to help streamline the legal services market. A flying taxi concept previously unveiled by engine maker Rolls-Royce.