AGP Executive Report
Last update: 2 hours agoLabour & Work: UK private-sector pay growth has slowed to a six-year low (2.8%), while unemployment stayed at 4.9% and vacancies fell to 707,000, signalling a cautious jobs market. AI & Hiring: Despite cuts in some traditional roles, firms are still recruiting selectively and investing in AI skills; Lloyds’ survey says AI is creating jobs across the UK. Wealth & ESG: Rathbones reports charities are sticking with ESG, even as they face pressure to relax exclusions for higher returns. Regulation & Benefits: The DWP is rolling out tougher October rules for benefit households, including checks on bank accounts and wider enforcement powers. Transport Cost of Living: Disabled bus pass holders in England will get 24-hour free travel from April, funded via DWP and DfT. Wealth Management Moves: De Lisle Partners promotes Dan Scott Lintott and appoints Phil Coombes in its fund team. Private Equity: Hg backs Nourish with ~£20m to improve software for the UK social and community care sector. Corporate/Fintech: Pulsar Group faces an HMRC winding-up petition, while Time Out expects continuing revenue of £61m (+11%).
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.