AGP Executive Report
Last update: 9 hours agoEconomy & Growth Plan: Chancellor John Healey tells markets Britain is “turning a corner” in a Monday speech, linking fiscal discipline to growth and promising to push investment beyond London, including a £150m fund for fast-growing northern firms. Regional Investment: The British Business Bank-backed pot will back university spin-outs and scaling businesses with £5m–£15m deals, while the National Wealth Fund expands partnerships into South Yorkshire to help build investable project pipelines. Labour Market: A REC/KPMG survey shows a modest jobs rebound in August, with permanent placements rising for the first time since 2022. Energy & North Sea: Offshore Energies UK urges Healey to lock in a new North Sea tax regime and bring forward the Oil and Gas Revenue Levy to boost investment. Business Pressure: Construction activity stays weak in August, with PMI still in contraction. Industry Jobs: Unite warns 4,000 Jaguar Land Rover jobs are at risk as the government rules out a bailout ahead of talks. Politics & Reform UK: Nigel Farage’s popularity may have peaked after Channel 4/Verbatim footage raised fresh questions about Reform’s handling of election rules and donations. Social Issues: NHS bosses in Teesside say staff facing persistently racist patients will not be expected to continue treatment, with tougher action on violence.
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