AGP Executive Report
Last update: 4 hours agoSME Finance Boost: British Business Bank impact figures show it newly supported 2,700 smaller businesses across Yorkshire and the Humber in 2025/26, backing 2,100 forecast new jobs and supporting 32,500 existing roles, with £1.2bn in additional turnover expected to lift regional output by £500m over the life of the finance. High-Street Cash Access: A new “banking hub” is set to open in an Island town centre on August 26, offering face-to-face cash services plus a weekly community banker session, aiming to keep local cash and change support available as high streets keep shifting. SME Lending Dealmaking: Sky News reports fast-growing SME lender Iwoca has hired Qatalyst Partners to run a sale process expected to value the business at well over £1bn, as the firm’s funding volumes and SME reach continue to expand. Procurement for SMEs: The MoD awarded Lockheed Martin UK a £20m contract to develop a hypersonic target under Project Bowline, with supply-chain benefits for 15 UK SMEs. Tax Compliance Reminder: HMRC issued a warning for people with side-hustle income over £1,000 to check if they need Self Assessment ahead of October’s registration deadline. Cross-border Selling: eBay is rolling out International Shipping to the UK from August, promising simpler customs and post-sale support to help UK SMEs sell abroad.
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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