AGP Executive Report
Last update: 11 hours agoBoE & markets: The Bank of England held rates at 3.75% while markets digested central bank moves abroad, with Europe slipping as telecoms retreated and investors watched the next wave of results. Crypto regulation: The FCA finalised perimeter guidance for the new UK crypto regime, clarifying when overseas platforms serving UK consumers fall inside the authorisation net ahead of the 2027 start. FCA conduct rules: New FCA guidance expands how non-financial misconduct can trigger Conduct Rules and fitness/propriety assessments across banks and non-banks. Payments & fintech: Kenya’s SBM Bank and Fusion Estates signed an MoU to offer mortgages up to 90% for homebuyers, including diaspora demand. Crypto infrastructure: Circle launched its Arc Layer 1 for financial services, with memecoin trading infrastructure moving into the same ecosystem. Housing & affordability: A critique of Labour’s housebuilding push argues relying on existing builders may not shift prices fast enough. Public sector finance: The BBC’s reserves reportedly fell from £369m to £125m as it seeks £500m savings and cuts up to 2,000 roles.
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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