AGP Executive Report
Last update: 10 hours agoDefence & Security: The Royal Navy says it has removed internet connectivity from Chinese-made components in K3 Scout sea drones after reports they secretly transmitted data to China, with the MoD insisting it was limited “heartbeat communications.” Foreign Policy: The UK reiterated solidarity with Yemen and Saudi Arabia, condemning Houthi cross-border attacks and drone strikes as terrorist in nature while pledging coordination to protect trade routes. Business & Jobs: Government announced £130m for automotive tech to speed EV transition, backing firms including Bentley, Nissan and Yasa and supporting 1,800+ jobs. Regulation & Finance: The FCA is adding Zilch, Clearscore, Modulr, Teya and Urban Jungle to its Scale-up Unit, giving each a dedicated regulator contact. Health: A new £5m “Team Scotland” cardiovascular research network aims to tackle Scotland’s high rates of premature CVD deaths. Consumer Protection: New rules to tackle “subscription traps” and misleading promotions are set to roll out from January 2027. Aerospace Investment: Vertical Aerospace secured about $100m in financing commitments to push certification and commercialisation of its Valo platform. Local Economy: A Northumberland contractor was fined £20,000 after a bricklayer fell through a barn roof and broke his back.
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