AGP Executive Report
Last update: 12 hours agoMarkets: A Bank of England policymaker warned against assuming higher bond yields will curb inflation, as global bond-market turmoil pushes up borrowing costs and threatens to squeeze public spending. Banking: More than £557m sits in dormant UK accounts, with successful claimants recovering an average £1,011; meanwhile, Bank of Scotland is closing 28 branches this year, including two in October. Barclays customers have also been warned about fake texts designed to steal personal and payment details. City Taxes: Bank chiefs say a proposed tax rise could drive business out of the UK, as companies and consumers hold back spending ahead of the Budget. Digital Finance: The UK has named six banks to lead its first digital gilt issuance, planned for early 2027, as tokenised government debt gains ground. The FCA has also finalised sustainability disclosure rules for listed companies.
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.
Perspectify News
