AGP Executive Report
Last update: an hour agoSpace & Defence: The RAF has launched Britain’s first dedicated space combat squadron, No. III Space Effects Squadron, to disrupt, degrade and deny hostile activity in orbit, alongside a ground-based jamming system already used to deter adversaries. Falklands Row: PM Andy Burnham says the UK will “stand firm” over Falklands sovereignty as Argentina escalates its UN stance and accuses the UK of harassment. Economy Outlook: The OECD expects UK growth to slow next year despite stronger-than-expected 2026 performance, with energy-price pressures keeping inflation sticky. Borrowing Costs: UK gilt yields jumped in a global bond rout, adding pressure ahead of the Budget. SME Finance & Reporting: The FCA says regulation isn’t the main barrier to SME lending and points to open finance and proportionate rules; the government also consults on modernising corporate reporting to cut burden while keeping climate disclosures. Energy & Jobs: Ineos suspends Hull acetyl production over high gas prices, hitting hundreds of workers and supply chains. Corporate Moves: Admiral begins a 45-day consultation over UK insurance job cuts; Anduril appoints an interim UK leader after a GM departure. Politics & Work: A government-commissioned review highlights soaring sickness and disability claims among young people, raising welfare cost concerns.
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