AGP Executive Report
Last update: 6 hours agoTrade & Jobs: A new India–UK Free Trade Agreement (in force since 15 July) is projected to lift bilateral trade to about $115bn by 2030 and create 700,000–1m jobs, with engineering and other labour-heavy sectors expected to benefit, though firms must meet quality, certification, rules-of-origin and sustainability requirements. Pay & Costs: HMRC has confirmed higher Approved Mileage Allowance Payments (AMAP) rates from 6 April 2026, with cars/vans rising to 55p per mile for the first 10,000 miles, affecting how employers reimburse staff. Local Transport Policy: Cardiff Council is considering a workplace parking levy of £750 per employee parking space, aiming to push staff onto public transport. Workforce & Skills: Wigan & Leigh College says apprenticeships are helping employers tackle skills shortages, with 500+ students graduating into apprenticeship routes. Business Restructuring: Whitbread has set a closure date for all Beefeater sites (106 restaurants), putting around 3,800 jobs at risk. Defence Jobs: The Army will receive Tekever AR5 spy drones under a deal worth up to £400m, supporting roles at Tekever sites in the UK. Labour Market Pressure: A GMB warning says new US tariffs could drive job losses and lower wages, including for UK-linked supply chains.
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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