AGP Executive Report
Last update: 9 hours agoBusiness Confidence: UK firms and consumers are holding back ahead of the Budget: 64% of business leaders have delayed investment, up from 55% last year, while 27% of consumers are postponing major purchases. Barclays found 81% of firms would be more likely to invest with a stable, predictable policy framework. Household Costs: Around 700,000 households whose fixed mortgage deals expire by year-end could face annual increases of up to £5,000 as borrowing costs rise. Regional Growth: Birmingham Airport has unveiled a £2bn expansion proposal that could lift annual passenger numbers to 30 million by 2041 and create 50,000 jobs; the plans are at public consultation stage. Jersey Economy: A new government group will coordinate efforts to attract investment, cut red tape and support industries including technology, tourism and financial services. Trade Links: UK and UAE business leaders met in London to explore investment and commercial partnerships in sectors including technology, energy and advanced manufacturing.
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