AGP Executive Report
Last update: 12 hours agoUK Economy: GDP grew 0.1% in August, beating forecasts, with production up 0.8%; services were flat and construction fell. Growth over three months was 0.7%, ahead of Chancellor John Healey’s first Budget. Fintech Leadership: Wise has named former NICE chief Barak Eilam to its board, with plans for him to become chair next April. Housing Investment: Edinburgh-based Ediston has teamed up with Singapore investor 42 Capital Partners to raise £150–200 million for rented homes, initially in Scotland. Crypto Regulation: The FCA has finalised guidance on which cryptoasset activities fall within its regulatory perimeter, ahead of an authorisation application window. Investor Protection: A Financial Ombudsman ruling has cleared the way for NatWest to compensate investors who lost about £100,000 in the collapse of jeweller Vashi, potentially opening the door to claims from others. Wealth Trends: A Saltus survey found 30% of wealthy UK residents are considering leaving, up from 25% a year ago, with tax changes a key concern.
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