AGP Executive Report
Last update: 8 hours agoEconomic growth: UK GDP rose 0.7% in the third quarter, its strongest quarterly gain in nearly two years. Services led the rise, with AI-linked computer programming growing strongly, while construction output fell 0.7%. Business investment: Two-thirds of UK finance chiefs say they plan to increase spending in 2027. British AI-chip start-up Fractile has raised $720 million at a $7 billion valuation. Clean energy: RWE and KKR have finalised a £12 billion investment in 2.8GW of UK offshore wind capacity. Trade and sanctions: The UK has imposed new sanctions on Russia’s 10 biggest oil producers, seeking to squeeze revenues funding the war in Ukraine.
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.