AGP Executive Report
Last update: 4 hours agoManufacturing Automation Push: Barclays’ Business Prosperity Index says 87% of UK manufacturers are already using automation, with 94% expecting to prosper over the next year—though energy costs are still biting and many firms are borrowing to fund investment. Tourism VAT Pressure: Cumbria’s tourism chief backs calls to cut hospitality VAT from 20% to 10%, arguing it would help small firms protect jobs and stay competitive. Local Parking Fallout: Wells faces an outcry after church landowners closed a long-used free parking site, threatening footfall for traders and marketeers. High Street Squeeze: A Sutton Coldfield food truck has shut for good, blaming tougher town-centre trading conditions. Cash Access Expansion: Wales opened a new banking hub in Chepstow to protect face-to-face services as bank branches decline, supporting millions of transactions since 2026. SME Voice in Wales: The FSB welcomed the panel shaping a new Welsh development agency, urging a simpler, outcomes-led approach focused on firms starting, surviving and scaling. Beverley Friary Reuse: East Riding Council is seeking proposals to bring the 14th-century Beverley Friary back into use, with public access requirements and a deadline of 28 October.
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