AGP Executive Report
Last update: 12 hours agoJobs and Budget: UK unemployment unexpectedly fell to 4.7% in the three months to August, ahead of next week’s Budget. But vacancies also dropped by 21,000 and payrolled employment was down 111,000 year on year, keeping pressure on the government to address youth unemployment and hiring costs. Medicine Shortage: Pharmacists have been told to manage supplies of cilostazol, used for circulation problems, after UK stocks ran out until at least late November; officials say alternative treatments are available. Oman Visit: Sultan Haitham begins a three-day state visit as Britain seeks to strengthen ties with a strategically important Gulf ally amid tensions around the Strait of Hormuz. Energy Security: An independent review did not uphold allegations that grid operator Neso covered up blackout risks, but flagged concerns including a disconnect between operational staff and senior leaders. Quantum Investment: The UK is committing £50 million to help British firms develop quantum sensing and positioning technologies, including systems for locating faults on railways.
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