AGP Executive Report
Last update: 6 hours agoUS forced-labour tariffs: The US has proposed duties of up to 12.5% on imports from 60 economies, including the EU and the UK, aiming to replace earlier measures struck down by the Supreme Court. UK construction squeeze: A sharp fall in UK construction activity was flagged by the S&P Global PMI, with May output contracting at the fastest pace since 2020 as Iran-war worries and political uncertainty hit demand. Defence spending under review: Reports say Keir Starmer is considering scaling back a planned defence investment boost from about £18bn to around £15bn amid pressure on public finances. Google AI rules: The UK regulator has ordered Google to let publishers opt out of AI search scraping and improve how AI results attribute content. Wales productivity push: Plaid Cymru set a target to halve Wales’s productivity gap versus the UK average within a decade, betting on devolved levers like skills and education. Business risk: Acas research finds one in five SMEs expect redundancies by early 2027, warning of mounting cost and compliance pressure. Tech and investment: Scotland’s deep-tech push highlights the UK’s new Sovereign AI Fund, while Reading and EARTH 51 say 1,000 students have completed responsible AI training.
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.