AGP Executive Report
Last update: an hour agoCyber Risk: ASOS shares slid ~12% after customers received a hacker alert claiming the retailer had “fully compromised” its Snowflake instance; ASOS says it’s investigating “unauthorised activity” and warns some basic personal data may be affected, but no payment details or passwords are believed compromised. Open Banking Identity: GOV.UK One Login is adding open banking for identity verification, with Ecospend (FCA-authorised, owned by Trustly) set to run the service to Feb 2029, aiming to roll out in 2027. Tokenisation Watch: State Street says collateral mobility is the “killer app” for tokenisation, while stressing that legal and regulatory certainty is key for scaling adoption. Markets/Banking: Barclays and other banks are in focus as investors react to UK mortgage and rate pressures; Bank of England policymaker Mann warns inflation could stay entrenched. Corporate Finance: Informa is buying Clarion from Blackstone for £2.24bn to expand B2B live events, including ICE Barcelona. Energy Bills: Chancellor John Healey is preparing a budget intervention to cut costs for poorer households, with an energy discount likely to be a major plank.
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.
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