AGP Executive Report
Last update: an hour agoLabour Growth Push: Former business secretary Peter Kyle urged PM Andy Burnham to speed up economic growth ahead of the Labour conference, proposing a “growth test” for tax decisions and a rethink of regulatory barriers, with Burnham set to unveil a wider economic vision. Budget Housing Boost: The government confirmed “Your First Home”, a Help to Buy-style equity loan scheme to be detailed in next month’s budget, targeting 2.5% deposits with 20% government-backed loans for eligible new-builds. Airport Expansion Timeline: Heathrow said the third runway could slip, with planning permission targeted by 2029 and opening potentially delayed until 2039. Tax Admin Relief: HMRC’s self-assessment reporting threshold change is now in force, raising the trading reporting threshold to £3,000 to cut admin for small firms. Telecom Costs Clarity: Ofcom rules mean future broadband price rises must be stated in pounds and pence upfront, with 2026 increases typically £2–£4 per month. Business & Tech Moves: Zinn Hub expanded its multilingual freelance marketplace with live translation; CloudCoCo highlighted AI-driven procurement growth; and Reinventy rolled out HERALD, a free technology intelligence publication. Scotland Health App Backlash: Scotland’s SNP NHS app is branded a failure after only about 22,000 adults downloaded it since launch, far below targets.
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