AGP Executive Report
Last update: 2 hours agoInflation and Rates: NIESR expects UK inflation to peak at 4.4% in February 2027 and remain above the Bank of England’s 2% target until late 2030. The think-tank raised its 2026 growth forecast to 1.6%, but sees growth slowing to 0.9% by 2028. Business Resilience: Microsoft’s global outage disrupted UK businesses and public services, renewing calls to reduce reliance on a small number of technology providers. Jobs and Investment: Britain’s construction sector shrank at its fastest pace since June, while Starbucks plans to create 7,500 UK jobs and Mars is investing £161m in pet-food manufacturing. Small Businesses: Deeply Foods has been rescued in a pre-pack sale after entering administration, preserving the UK drinks brand under new ownership. Youth Employment: A welfare review is expected to call for more than doubling apprenticeships for under-25s over the next decade, with employers offered up to £4,500 to hire an apprentice.
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