AGP Executive Report
Last update: 11 hours agoAutumn Budget: Chancellor John Healey faces tight finances ahead of Wednesday’s Budget, with high borrowing costs limiting room for tax relief as the government weighs household support and higher defence spending. Jobs and Tech: Microsoft is offering voluntary buyouts to about 60,000 eligible staff across the UK, US, Canada and India as it reshapes parts of its workforce; the UK share was not specified. Economic Signals: UK retail sales fell 0.4% in September and consumer confidence dropped sharply, even as business activity reached an eight-month high before the Budget. Storm Damage: Storm Boelo left thousands without power in Scotland and caused flooding that devastated businesses in places including Largs. High Street: Oxford Street’s first pedestrianised section opened, launching a major change to one of London’s busiest shopping streets.
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