UK Report: Public Data Will Boost Business

Tech Europe (WSJ): “The report into public data commissioned by the department for Business, Innovation and Skills  said that creating an open national database would benefit both the U.K.’s private and public sectors. Data will be a core resource in the future, said Stephan Shakespeare, chair of the U.K.’s Data Strategy Board and the report’s author….
An analysis by Deloitte accompanying Mr. Shakespeare’s report calculated that the use of public data in 2011-2012 had added up to £7.2 billion ($11 billion) to the U.K. economy. In one case, opening up live transport information from Transport for London had saved Londoners working time valued at up £58 million in one year alone, Deloitte calculated. Opening up more public data would unlock more value, said the accountants.
In the document, which the government will respond to this summer, Mr. Shakespeare outlines a strategy for how the government could open access to everything from trash-collection data to information on heart treatments.”