AGP Executive Report
Last update: an hour agoMacro Pulse: Fresh PMI data point to a UK slowdown: the S&P Global composite output index slid to a 13-month low, with services activity hitting a 64-month low and CBI orders weakening further, as firms cite Middle East-driven uncertainty, supply strain and cost pressure. Markets Watch: European shares were flat as investors waited on US-Iran peace signals, while crude rose and new surveys flagged euro zone business contraction risk. Banking Access: MPs from the Highlands and Moray pushed for urgent changes to basic banking service rules after branch closures left towns with no face-to-face support for vulnerable people and businesses. Consumer & Fraud: TSB warns courier scams are surging, with average losses in serious cases now £15,500 and most victims aged 70+. Deals & Finance: Advanced Medical Solutions jumped after an unsolicited all-cash takeover approach from H.B. Fuller, while Ofgem set new grid investment rules for 2028-33. Energy & Policy: Ofgem’s ED3 framework tightens how network operators justify spending, as the UK braces for higher electricity demand.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.