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Last update: 7 hours ago

Telecom Deal: BT and Verizon have agreed a 50:50 joint venture to combine their international business, creating a new company with about 3,000 customers across 180 countries and roughly $4bn annual revenue, with Verizon paying BT $625m; the deal needs regulatory approval and is expected to complete in 2027. App Developer Class Action: Google faces an 11-week UK trial from 28 September over claims it overcharged app developers via Google Play commissions, with damages sought of over £1bn and the case continuing on an opt-out basis. Consumer Finance Rules: The FCA proposes easing Consumer Duty scope by removing non-UK wholesale business where there’s no clear UK link, aiming to cut “gold-plating” and simplify insurance rules. Energy Bills: Ofgem’s price cap rises by £221 a year from 1 July to £1,862, with Martin Lewis urging people to consider fixes and even take meter photos. Food Safety Recalls: Tesco fridges/freezers failed in Colchester, forcing disposal of meat and chilled goods; meanwhile multiple supermarket items were urgently recalled after issues including undeclared milk and possible metal fragments. Advertising Watchdog: The ASA banned Adidas, Calvin Klein and Uniqlo ads over misleading “recycled” claims. Jobs and Restructuring: British American Tobacco plans to cut 9,000 roles as part of its Fit2Win cost overhaul, including outsourcing 3,500 jobs. Tax Deadline: HMRC warns Self Assessment customers to prepare for the 31 July second payment on account.

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.

AGP Wire

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9 hours ago

Solo founder launches two AI products across five countries without VC

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2 hours ago

Universal Aviation Italy wins IS-BAH Stage II at Rome and Milan airports

AGP

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5 hours ago

At-home STI testing market seen reaching $3.55 billion by 2030

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an hour ago

InfraShield executive to brief OEUK on critical infrastructure cyber risks

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'Exceptional trajectory and dedication': Top global honour as Northern Ireland insurance professional wins prestigious award

'Exceptional trajectory and dedication': Top global honour as Northern Ireland insurance professional wins prestigious award

'The sky’s the limit': Northern Ireland engineering firm celebrates 25 years with expansion plans

'The sky’s the limit': Northern Ireland engineering firm celebrates 25 years with expansion plans

'We are delighted to support the five local industry clients': £7.9m innovation project to boost Northern Ireland manufacturers

'We are delighted to support the five local industry clients': £7.9m innovation project to boost Northern Ireland manufacturers

'A landmark moment and the culmination of four years of planning and preparation': Family-run Northern Ireland food distribution company breaks ground on £15m expansion creating 40 jobs

'A landmark moment and the culmination of four years of planning and preparation': Family-run Northern Ireland food distribution company breaks ground on £15m expansion creating 40 jobs

UK tourists face holiday cancellations after travel company plunges into administration

UK tourists face holiday cancellations after travel company plunges into administration

UK households facing extra £329 charge if you have certain number of bedrooms

UK households facing extra £329 charge if you have certain number of bedrooms


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