AGP Executive Report
Last update: 7 hours agoSanctions & Security: The UK has imposed new sanctions targeting Russia’s “shadow fleet”, Yandex’s banking arm, other lenders and a covert defence procurement network, as Starmer attends the G7 and pushes pressure on Putin’s war economy. Economy Watch: New data says UK GDP shrank 0.1% in April, with services hit hardest as the Iran war bites. Energy Supply Risk: A Norwegian strike by oil-industry maintenance workers could disrupt crude and gas supplies to Britain, with Norway supplying about a third of UK crude and most gas. Retail Crime Crackdown: The Home Office plans longer closure orders for premises linked to organised retail crime, doubling maximums from six to 12 months. Green Aviation Push: Government launches a £93m Low Carbon Fuels Fund to speed up sustainable aviation fuel production, aiming for higher SAF shares by 2030 and 2040. Housing & Cost Pressures: Rightmove data highlights house-price growth hotspots, while reports also point to affordability strain in London driving an EU worker exodus. Industry & Investment: Make UK and Make UK Defence will co-host a joint pavilion at Advanced Engineering, while Mubadala backs UK-Ireland power links via Greenlink investment.
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.