AGP Executive Report
Last update: 9 hours agoRates and Growth: UK services activity hit an eight-month high in October, with stronger orders and hiring, but rising input costs add to expectations that the Bank of England will raise rates on Thursday for the first time since 2023. Revolut: The fintech’s latest fundraising values it at $115bn (£85bn), up from $75bn in an employee share sale last year. SME Finance: Funding Circle named former Liberis chief Rob Straathof as its next CEO, subject to regulatory approval; he is due to join in the first half of 2027. Digital Markets: The LSEG Digital Securities Depository has been approved for the UK sandbox, a step forward for testing digital securities infrastructure. Banking Ambitions: Sporta raised £5m as it pursues a UK banking licence to build a bank focused on sport.
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