AGP Executive Report
Last update: 8 hours agoIndia-UK Trade Deal: From July 15, the India–UK FTA/CETA will cut import duties to zero for all Indian goods headed to Britain, with extra relief for Indian professionals via a “double contribution” social security exemption for up to five years. High Street Pressure: Shopkeepers are urging incoming PM Andy Burnham to overhaul business rates, proposing a hybrid model with a levy on online sales and a cut for bricks-and-mortar retailers. Business Slowdown: BDO says UK business activity fell sharply in June as consumer demand stayed weak, confidence slipped and costs rose, with the Output Index hitting its lowest since early 2021. Cyber Sanctions: The UK and EU jointly sanctioned alleged Russia-linked hackers tied to cyberattacks on critical infrastructure, with the NCSC warning firms to tighten router and password security. Tokenisation Push: The UK unveiled a cross-industry taskforce to scale tokenisation in wholesale financial markets, aiming to move from pilots to live markets and boost annual output. Heat & Housing Health Risk: Oxfordshire County Council warns heatwaves are worsening health inequalities where homes lack cooling adaptations, backing a proposed Cool Homes Grant. Pub Sector Culture: A UK-wide pub crawl hit 10,000 stops in Edinburgh, highlighting how hospitality remains a social and media draw even as costs bite.
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