AGP Executive Report
Last update: an hour agoCrypto Politics: UK Chancellor John Healey hits Nigel Farage’s “Bitcoin account” in a fresh attack on Reform’s pro-crypto stance, framing it as fiscal recklessness. EU Rejoin Talk: Labour figures including Ed Miliband and Tony Blair’s circle push a “stronger, deeper” EU partnership, with rejoining framed as a long-term, negotiated goal. FCA Money Mule Crackdown: The FCA publishes findings from a multi-firm review on money mule activity and cashing out fraud proceeds, urging banks to tighten detection and information-sharing. AI Bank-Run Risk: Apollo’s Torsten Slok warns AI agents could automate cash switching from low-yield accounts, potentially destabilising bank funding without a classic panic. Heathrow Third Runway: Treasury minister backs Heathrow expansion as PM Burnham declines explicit support, keeping the project in political limbo. Energy Grid Push: Andy Burnham to announce a government-backed GB Grid body to invest in the electricity network, aiming to bring costs under public control. Diesel Shock: Diesel prices top record levels near £2 a litre as the UK weighs potential fallout from US export curbs. Fintech M&A Watch: Nubank is reportedly eyeing Monzo, sending Monzo-linked sentiment into focus for UK digital banking. Sanctions/Compliance: Israel threatens to revoke Dutch diplomats’ credentials over West Bank settlement goods bans, underscoring cross-border compliance pressures.
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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