AGP Executive Report
Last update: an hour agoAutumn Budget: Chancellor John Healey’s first Budget offered targeted business-rates relief and household energy support, funded partly by higher taxes on banks. Business groups called it a missed chance to set out a stronger growth plan, as forecasts put UK growth at 1.5% this year and 1% in 2027. Jobs and Industry: Rolls-Royce secured £2.5bn in government backing for UK jet-engine manufacturing, with the plan expected to support tens of thousands of jobs. BMW will also advertise new apprenticeships as it backs efforts to help young people into work. Retail: Poundland has filed to appoint administrators, putting 12,000 jobs at risk. Scottish Business: Baker & Baker acquired North Lanarkshire bakery Lazy Day Foods, saying it plans to maintain the Harthill site and workforce.
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