AGP Executive Report
Last update: 11 hours agoAI Adoption: Use of AI agents by EU small and medium-sized businesses rose more than eightfold between May and October, but founders still need the skills and safeguards to turn that uptake into lasting gains. Growth Funding: Helsinki-based Ambio raised €5.1 million to use AI to simplify sourcing recycled plastics, while Lyon accounting firm Dougs secured €50 million to expand its AI-supported services for small businesses. UK Budget Pressure: Nearly three-quarters of surveyed British scale-up founders have no confidence the coming Budget will support business, with taxes on capital and assets their main concern. SME Finance: Digital lenders are filling a gap left by traditional banks: UK challenger banks provided 60% of small-business lending in 2024, and some specialist lenders are already profitable. Energy Costs: Four in five small British businesses surveyed said hidden energy use is pushing up bills, including equipment left on overnight.
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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