AGP Executive Report
Last update: 5 hours agoHousehold squeeze: Personal insolvencies in England and Wales rose 10% in May, with 11,223 people entering formal debt solutions, as costs and weaker conditions keep biting. Retail rebound: UK retail sales volumes jumped 1.2% in May, helped by hot weather and promotions, with online retailers up 6.1% while food sales still fell 0.4%. Consumer rights: Marks Electrical must refund about 40,000 customers after the CMA found optional paid services were pre-selected online; average refund expected around £15. Banking updates: Nationwide, Santander and Lloyds confirmed changes tied to new homebuying reforms, including sales “sales packs” to cut delays and surprises. Travel & leisure: Jet2 launched its biggest winter programme yet (4.5m seats) and Norse Atlantic added winter capacity to Thailand, including Gatwick–Phuket. Tech & media: Disney+ restored after a major global outage; UK AI talent shortage warnings point to nearly 300,000 AI roles needed by 2028 versus 137,000 supply. Food & drink: Isaac Cider expands with a 0.5% low-alcohol “Weightless” variant as moderation trends keep growing. Deals & shopping: Home Bargains cut Sebastian Professional pre-shampoo from £45 to £7.99, and Argos has a “soft like down” pillow two-pack deal via cashback.
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.