AGP Executive Report
Last update: 7 hours agoCybersecurity: The UK’s cyber chief says AI-driven attacks on critical infrastructure are highly likely by 2028, warning that outdated systems could disrupt food supplies and essential services. Trade: Britain and the EU are nearing a deal to remove most food-export checks, alongside a youth mobility scheme. UK and Indian officials have also discussed the next phase of their trade pact. Business: UK services activity hit an eight-month high in October, with firms resuming hiring after two years of cuts. Industrial Strategy: MPs warn Britain remains dangerously dependent on China for critical minerals, citing high energy costs and gaps in supply-chain planning as barriers to domestic processing. Investment: AbbVie will invest more than £120m to expand its Oxford research site, while the government plans to end new North Sea oil and gas licensing. Commonwealth: The UK has agreed to time-bound talks on the legacy of the slave trade. A formal apology is under consideration, but reparations are ruled out; proposed cooperation includes trade, debt relief and Caribbean infrastructure support.
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