AGP Executive Report
Last update: 9 hours agoSME Banking: The FCA says defence businesses face unnecessary delays opening bank accounts, despite no regulatory barrier to banks serving lawful firms. It expects banks to make proportionate decisions, speed up checks and keep applicants informed. Energy Costs: Northern Ireland’s energy suppliers have signed a small-business charter offering new guidance on comparing tariffs, using brokers and dealing with energy debt. Trading Costs: Royal Mail has raised its home parcel collection fee from 30p to 50p, adding to recent postage increases that could squeeze small sellers. Tax: From April 2027, the trading allowance is due to rise from £1,000 to £3,000, giving eligible sole traders and side-hustlers more tax-free income. SME Finance: A partnership between 10x Banking and ezbob aims to help banks launch digital SME lending products in weeks rather than months.
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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