AGP Executive Report

Last update: 10 hours ago

UK Economy: Britain’s GDP eked out 0.1% growth in May, helped by services even as manufacturing and construction shrank, with Iran-war uncertainty and political transition adding pressure. Public Finance & Jobs: UK public finance institutions say they have backed or sustained about 802,000 jobs with at least £50bn invested since July 2024, boosting capacity for innovation, exports and business scaling. AI Skills Gap: New UK research warns of an “AI underclass” as many employees are self-taught while only a minority receive formal training, raising risks of a two-tier workforce. Automation & Resilience: A business-focused analysis argues automation is shifting from short-term efficiency to resilience as AI, supply-chain volatility and reshoring demand faster, smarter operations. Data Centres & Water/Energy: Malaysia says it will approve data centre projects only after checking power and water capacity, prioritising residents and industry before granting approvals. Semiconductor Supply Disputes: China and the Netherlands agreed to resolve business disputes via consultation to protect secure semiconductor supply chains. Travel Fraud: Accertify reports Middle East and Africa saw a sharp rise in prevented air-travel fraud, with Cairo recording the highest booking-stage fraud rate globally. Crypto Scam: Malaysian police report a RM1.25m loss tied to a cryptocurrency investment scam involving promised returns and failed withdrawals. Windfall Oil Profits: US lawmakers are again pushing for a windfall oil profit tax as oil prices rise amid US-Iran tensions and companies report outsized gains. Pakistan Digital Remittances: Pakistan plans to move remittances fully onto digital channels to accelerate a cashless economy and improve transparency. Business & Inclusion: A Philippines city is refining an incentive ordinance that would discount business permit fees for establishments hiring people with disabilities. Corporate Dealmaking: Big Pharma is reportedly moving into psychedelics via acquisition talks, signaling a new investment race. Consumer Protection: Regulators in Georgia warn businesses against price gouging during El-Niño, threatening action under consumer protection laws.

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.

AGP Wire

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6 hours ago

Business Screen and Baseline embed due diligence into lending workflows

AGP

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25 minutes ago

Registix hires Neal Shelton to lead business development and partnerships

AGP

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32 minutes ago

Few launches Perch to help digital products become sustainable businesses

AGP

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5 hours ago

Sarah Stone McDevitt says human connection will be a business advantage in the AI age

AGP


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Business Secretary says nationalisation of British Steel gives 'opportunity to modernise' Scunthorpe plant

Business Secretary says nationalisation of British Steel gives 'opportunity to modernise' Scunthorpe plant

Businesses evacuated as armed police descend on city road

Businesses evacuated as armed police descend on city road

Business forum puts donation to school’s careers programme on its CV

Business forum puts donation to school’s careers programme on its CV

#economy: Māori Tourism Treasures Grow as Eight New Experiences Join Auckland Showcase

#economy: Māori Tourism Treasures Grow as Eight New Experiences Join Auckland Showcase

Business: CarBee brings a fresh approach to used cars in Olney

Business: CarBee brings a fresh approach to used cars in Olney


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