AGP Executive Report
Last update: 4 hours agoYouth Unemployment/NEET Crisis: A government-commissioned Milburn review warns Britain risks a “lost generation”, with NEETs (16-24 not in work, education or training) nearing one million now and potentially rising to 1.25m by 2031 without urgent action. SME Manufacturing Pressure: Unleashed data shows SME manufacturers’ average sales revenue fell 39% in Q1 to £252,050, with purchasing and stock down and gross margins slipping to 30.08%. Food & Drink Cost Shock: The Food and Drink Federation says 82% of manufacturers expect to raise prices and 33% plan job cuts as energy costs bite, with inflation forecast at 9-10% by December. Business Support/Deep Tech Funding: The British Business Bank pledges up to £50m to Longwall Venture Partners’ new deep tech fund to back early-stage science-to-commercialisation. Tech & Work: A Freshworks report says UK mid-market firms spend £11.7bn a year on “AI slop” corrections, with 1 in 4 hours wasted. Energy/Consumer Relief: The government has suspended tariffs on 125 “everyday essentials” until at least Dec 2028 to ease cost-of-living pressures. Telecom Sovereignty: UK authorities are expected to resist Sunil Mittal’s bid to increase his BT stake over national security and sovereign control concerns.
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.
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