AGP Executive Report
Last update: 5 hours agoBank of England Watch: The BoE kept interest rates on hold at 3.75% after inflation stayed steady at 2.8%, giving borrowers and savers a breather while it warned higher energy costs from the Iran war could still feed through. Consumer Safety in Heat: The British Red Cross urged households to cool down during a forecast heatwave, including switching off central heating, drinking more water, and avoiding alcohol. Travel Deals: easyJet announced 13 new winter routes from eight UK airports, with easyJet holidays packages on selected services. Airline Customer Focus: Former BA chief customer officer Calum Laming is joining Qatar Airways in the same role as the airline rebuilds its network to 85% of pre-crisis levels. Supermarket Pressure: Tesco said Middle East uncertainty is hitting shopper sentiment, with sales up but growth slowing, while it also reported food inflation easing. Online Fraud & Scams: Research warns Gen Z are still buying World Cup tickets from unofficial sites despite fraud fears, and a separate study says ecommerce fraud is rising as AI boosts scams. Used-Car Warnings: Consumer Scotland says used-car buyers in Scotland can suffer serious harm, with faults and weak enforcement driving complaints. Delivery Costs for EU Shoppers: The EU is scrapping the under-€150 parcel duty exemption, replacing it with a €3 flat tariff per item from 1 July—bad news for low-margin UK sellers. Savings Reminder: Moneyfactscompare says many savers are “blinded by loyalty”, potentially losing £322 a year by not switching easy-access accounts.
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.