AGP Executive Report
Last update: 12 hours agoTokenised payments push: The Clearing House has picked Quant to power its On-Chain Money Initiative, aiming to clear and settle tokenised deposit transactions across institutions in the UK and beyond. Banking fraud warning: Lloyds says romance scams rose 24% year-on-year, with state pensioners aged 75-84 losing an average £9,051. Housing finance support: Andy Burnham’s “Your First Home” plan would use 2.5% deposits plus 20% government-backed equity loans for new-build buyers who can’t rely on the “bank of mum and dad”. Tax-free allowance debate: HMRC could face pressure to raise the personal allowance to £18,000, with petitioners arguing fiscal drag is pushing low earners into tax. Energy squeeze hits budgets: RAC reports UK diesel at a record 199.18p/litre, warning of knock-on costs for households and businesses. Northern Ireland funding: UK government sets out a £1.5bn+ package for the NI Executive, including extra funding, public service transformation and social housing. DWP jobs reform: DWP plans to expand a jobs guarantee for young people on health benefits from April 2027, with wage support and mentoring.
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.
Perspectify News
