AGP Executive Report
Last update: 35 minutes agoRates and Inflation: The Bank of England is widely expected to raise interest rates this week, as UK manufacturers report their strongest output growth in more than two years but faster-rising input costs. Crypto Regulation: HTX is ending UK activity after the FCA secured court undertakings over its crypto promotions. Banking Access: Lloyds and Halifax plan 17 branch closures this month, adding to concerns for customers who rely on face-to-face services. Fintech Infrastructure: The Bank of England is consulting on the use of tokenised collateral in central clearing, a step towards bringing digital assets into financial markets. Investing: Chancellor John Healey has proposed a Starter ISA to encourage first-time investors, with details still to come after consultation. Fraud Prevention: UK fraud losses have reached £1.3bn, as financial firms face growing threats from criminals using AI to create convincing scams and synthetic identities.
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