AGP Executive Report
Last update: 4 hours agoServices slowdown: Britain’s services sector shrank at the fastest pace since January 2023, with the UK Services PMI slipping to 48.7 (flash), pointing to weaker employment and new business—bad news for Andy Burnham, the likely next PM. Ticketing crackdown: The CMA ordered StubHub UK to refund 51,000+ customers and fined it nearly £900,000 for “drip pricing” that hid mandatory fees until late checkout. Stablecoin rules shift: The Bank of England is moving to soften stablecoin caps again, reversing earlier tighter limits—another sign regulators can’t agree on how to handle the sector. Deforestation due diligence: The government plans new rules requiring firms trading in rainforest-linked commodities (like coffee and cocoa) to check supply chains and prevent illegal deforestation, with mandatory due diligence. Tech & automation: Coventry opened a new robotics and automation centre to help SMEs test and adopt automation with training and support. Energy resilience: Neso says the UK should have enough electricity for winter, though it warns of “tight days” during cold snaps. Politics watch: Keir Starmer’s resignation is driving fresh uncertainty, with Europe noting the UK’s “revolving door” of prime ministers.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.