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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By Wanda Rich

    Posted on December 27, 2023

    Featured image for article about Top Stories

    Self-driving cars could be on UK roads by 2026 -minister

    LONDON (Reuters) – Self-driving cars could be on some British roads by 2026, the country’s transport minister Mark Harper said on Wednesday.

    Cars with full self-driving technology are not currently permitted on Britain’s roads but the government’s Automated Vehicles (AV) legislation is going through parliament, meaning that a legal framework for them should be in place by the end of 2024, said Harper.

    “Probably by as early as 2026 people will start seeing some elements of these cars that have full self-driving capabilities being rolled out,” Harper told BBC Radio.

    “It’ll be gradual…so there’ll be companies rolling it out to be used in certain places.”

    Critics of the technology, which has been trialled in the United States, say that the vehicles can cause crashes, and in California, regulators ordered General Motors’ driverless car unit Cruise to remove its vehicles from state roads after an accident in October.

    Britain’s Harper said that the technology had the potential to improve road safety.

    “Everything I’ve seen about automated vehicles and self driving technologies, it’s very focused on keeping people safe,” he said.

    Under the legislation announced in November, Britain plans for the makers rather than the owners of self-driving cars to be legally liable for any crashes, and the government has said the bill will protect users and promote safety in the AV industry.

    (Reporting by Sarah Young. Editing by Jane Merriman)

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