AGP Executive Report
Last update: 3 hours agoSME Finance Boost (UK): Chancellor Rachel Reeves expands the Growth Guarantee Scheme, lifting annual support from £1.35bn to £3.35bn by 2028-29 and aiming to unlock an extra £2bn a year in SME lending, with a 70% government guarantee on loans up to £2m (plus longer terms and more eligibility). Tax Compliance Pressure (UK): Lloyds research warns 55% of affected UK small businesses (about 475,000 sole traders/landlords) are still unprepared for the 7 August Making Tax Digital for Income Tax deadline, even as many say digital tax tools reduce stress. Digital Tax Readiness (UK): The same MTD findings highlight that most want to manage tax admin via banking apps or online banking, but setup remains a sticking point. Cybersecurity for SMBs (EU): Zyxel pushes “secure by design” governance for small-business networks, tying its approach to the EU Cyber Resilience Act and longer-term patching and disclosure expectations. Trade Deal Watch (India–UK): India’s Piyush Goyal says the India–UK FTA will make Indian goods duty-free into the UK from 15 July and adds relief for Indian professionals via social security exemptions. Local Business Rules (Gibraltar): Gibraltar’s new Residency Regulations 2026 set categories for living/working on the Rock and include fast-track flexibility for skills and labour shortages, with input from local small business groups. Workplace Inclusion (UK/Europe): New research finds 70% of neurodivergent employees don’t disclose at work, often due to fear of career harm and lack of suitable support—an issue for employers planning HR and adjustments.
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.