AGP Executive Report
Last update: 7 hours agoDefence Spending Shake-up: Keir Starmer unveiled a long-delayed Defence Investment Plan, adding another £15bn to push total spending to nearly £300bn over four years, with £5bn earmarked for drones and autonomous systems and some road/energy capital projects shelved to pay for it. Cost of Living Watch: Martin Lewis urged British Gas, Octopus and EDF customers to photograph meters before midnight June 30 as the Ofgem price cap rises by 13% from July 1, lifting a typical bill by £221. Markets & Economy: The FTSE 100 edged up for a sixth straight quarter on Middle East ceasefire optimism, while ONS data showed UK GDP growth of 0.6% in Q1. Education Inequality: A report on white working-class pupils in England sparked calls for a “turning point,” citing lower early development and GCSE attainment alongside higher missed school sessions. Business & Security: M Group hit record £3.1bn revenue after consolidating nearly 20 brands, while O2 warned of a new SIM-inactivity phishing scam targeting MyO2 logins. Local Life: Blackpool’s historic North Pier is set for a £10m restoration after being sold.
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