A newly renamed Data Use and Access Bill was been introduced to Parliament on Wednesday 23rd October 2024. This creates the conditions for the future success of Open Banking and the growth of other Smart Data schemes.

The government claims this will boost the economy by £10bn a year, including the reduction of costs and delivering efficiency improvements in different sectors.
https://www.gov.uk/government/news/new-data-laws-unveiled-to-improve-public-services-and-boost-uk-economy-by-10-billion
Disappointingly, there was no specific mention of the Transport & Mobility sector in the announcement.
But the wording of the Bill is encouraging:
“The Bill, delivered by the Department for Science, Innovation, and Technology, has three core objectives: growing the economy, improving UK public services, and making people’s lives easier. The measures will be underpinned by a revamped Information Commissioner’s Office, the UK’s independent authority responsible for regulating data protection and privacy laws, with a new structure and powers of enforcement – ensuring people’s personal data will be protected to high standards.”
