I am grateful to be corrected on that. I am pleased that the figure has gone up rather than down. My hon. Friend’s point is well made: robots do not get distracted or have a bad day and get grumpy.
As well as reducing accidents, the technology can reduce congestion and create cleaner and more efficient roads across Britain. These vehicles will be able to communicate with traffic lights, to keep traffic flowing. They will reduce the number of idle cars and significantly improve air quality in our towns and cities. As the technology develops and more CAVs are on our roads, we could reduce the average delay by 40%. So, fewer accidents and fewer delays—what’s not to like?
A report, which I am sure we all saw as it was emailed to us this morning by campaign groups, by the Society of Motor Manufacturers and Traders showed that 50% of those polled who had personal mobility issues feel that their mobility is restricted and 48% said that CAVs could reduce the stress of driving. They can help people with disabilities become more mobile; vitally improve access to employment and healthcare; give 1 million people in the UK better access to higher education; and, potentially, unlock £8 billion of value to our economy. Creating swifter and safer journeys could boost productivity in some regions by up to 14%.
In addition, given the work now happening in Milton Keynes, I have seen at first hand how this can generate skilled jobs, technical and professional positions. That is, of course, not just in Milton Keynes. Connected and autonomous technology could create around 320,000 new jobs in the UK by 2030, worth £42 billion by 2035. I am interested to hear more from the Minister about the Government’s plans to build on our proud history of British car manufacturing and how that is going to propel us forward.
I have focused on roads, but this technology has the power not just to revolutionise roads but can be used in sectors from agriculture to nuclear power facilities. The technology can support and transform different labour sectors as the UK captures the global CAV, research and development, and manufacturing markets.
Back in 2015, KPMG estimated that the potential overall economic benefit for Britain could be £51 billion per annum by 2030—a huge prize is there for the taking. However, as we plan the next generation of automated vehicles and deploy them on our roads, we must put safety first. The idea of self-driving vehicles is something that we are more used to seeing in sci-fi and futuristic films than on the M1 in 2021. I am sure I am not the only one present who thinks it seems contradictory that taking one’s hands off the wheel and one’s eyes off the lane could actually make our roads safer.