AGP Executive Report
Last update: 3 hours agoBanking Access Fight: UK lender Nationwide says it will keep all 605 branches open until at least 2030, as the Treasury launches an “Access to Banking” review into who’s being hit hardest by closures. SME Pressure & Relief Calls: UK hotels and remote hospitality firms are pleading for VAT and green-levy cuts after fuel-oil and bottled-gas shocks threaten survival. EU Compliance Clarity: The European Commission published a simplification package for the EU Deforestation Regulation, keeping the Dec 30, 2026 deadline for large/medium firms and aiming to cut compliance costs by about 75%. Digital & Trade Shifts: HMRC signed a £175m, 10-year AI deal with Quantexa to speed fraud detection; UNCTAD warns non-tariff “invisible barriers” keep raising export costs for most countries. Global Growth Signals: India inaugurated its first SME-led semiconductor packaging facility in Rajasthan (Sahasra Semiconductors), while Costa Rica hit 1 million+ international visitors in Q1. Politics & Risk: New Zealand First leader Winston Peters floated a plan to buy back BNZ from NAB and merge it with Kiwibank.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.