AGP Executive Report
Last update: 3 hours agoBanking & Tax: JPMorgan boss Jamie Dimon has warned UK chancellor John Healey against raising taxes on banks, arguing it could hit jobs and investment. Household Finance: Labour’s planned ISA changes would add a flat 22% interest charge on uninvested cash inside non-cash ISAs from April 2027, regardless of age or income. Property & Mortgages: Rightmove says UK house prices saw the biggest August fall since 2018, with sellers cutting asking prices as competition for buyers intensifies. Water Pricing: Ofwat is considering drought-linked “surge” style water tariffs in England and Wales, potentially charging more as usage rises, amid anger over leaks and rising bills. Student Visa Rules: UK Visas & Immigration says student visa applications can be refused if proof-of-funds bank balances don’t meet a 28-day holding rule and fall within a 31-day pre-application window. SME Lending Deal: Time Finance has agreed a £55m cash takeover by Bentley Park/Ultimate Finance to create a larger specialist SME lender. Corporate Governance: Activist investor Kelso is pressing The Works chair Stephen Bellamy over alleged limited UK attendance, after a boardroom dispute over director appointments. Remittances: Philippine data shows overseas Filipino cash remittances grew 1.7% year-on-year in June, the slowest pace in over four years.
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.
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