AGP Executive Report
Last update: 6 hours agoRussia Sanctions: The UK announced 38 new measures targeting Russian oil firms, shadow-fleet tankers, crypto exchanges and military suppliers, saying its sanctions now cover more than 90% of Russia’s oil production capacity. Business: Costa Coffee returned to operating profit in 2025, posting £20 million after a loss the year before as revenue rose 5% to nearly £1.3 billion. Investment: Canada’s Weston family and Fairfax agreed to buy Boots for about $8.9 billion. The FCA also proposed a 90-day notice period for withdrawals from some long-term investment funds, aiming to reduce the risk of rushed asset sales. Trade and Costs: UK-Ghana trade has topped £1.6 billion, with officials seeking growth in agriculture, technology and services. Meanwhile, manufacturers say they pay £11 billion more for energy than US rivals, while surging oil prices have added pressure to UK borrowing costs.
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