AGP Executive Report
Last update: 2 hours agoUK–China Diplomacy: Andy Burnham spoke with Xi Jinping by phone, stressing “pragmatic cooperation” and raising security, Hong Kong and human rights, while both sides reaffirmed a long-term strategic partnership. Middle East Fallout: The UK’s sanctions on Israeli settlement goods triggered an escalating diplomatic row: Israel ordered the closure of the British consulate in East Jerusalem and told some UK diplomats to leave, as Ed Miliband said Britain must “act” to protect the two-state solution. Aviation Chaos: A NATS technical failure has caused major disruption, with 1,300 flights cancelled on Tuesday and a further 177 axed on Wednesday, hitting Heathrow hardest and leaving tens of thousands stranded. Cost of Borrowing: UK borrowing costs jumped to a 27-year high ahead of the October Budget after the government sold 30-year gilts at 5.82%. Wealth Exodus: New reporting and surveys point to more high earners weighing an exit, with billionaire Chris Rokos moving to Greece amid fears the Treasury won’t replace lost tax receipts. Food Security: The NFU warns self-sufficiency is falling across most key foods and imports are rising, as farmers face losses from weather, disease and costs.
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