AGP Executive Report
Last update: 12 hours agoStablecoins vs tokenised deposits: Bank of England policymaker Megan Greene says stablecoin demand may fade as tokenised deposits could “probably take over” over the next five years, while the ECB warns dollar-pegged stablecoins could entrench US dominance. Fuel duty relief: Rachel Reeves confirms a 5p fuel duty freeze for most drivers, extending the temporary cut until January 2027, with HMRC spelling out the nine affected groups. FCA data-sharing concerns: MPs urge scrutiny of the FCA’s Palantir deal, warning a foreign-controlled provider could create backdoor access risks to sensitive UK financial data. Gig economy rules: The ILO is close to setting global ground rules for platform workers, aiming to guarantee core labour rights and fair pay regardless of employment status. Driving test bottleneck: The NAO highlights a backlog of 1.1m driving tests missed since 2020/21, with delays worsened by examiner shortages and bot-driven booking abuse. EasyJet disruption: 723 flights rescheduled and 32 cancelled amid staffing and congestion issues, with UK261/EU261 support for affected passengers. Youth crime prevention focus (NI): Queen’s University researchers argue Northern Ireland spends heavily on consequences of violence but far less on prevention, as a new evidence-based youth services centre launches.
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