AGP Executive Report
Last update: 12 hours agoJobs: Hays reported permanent hiring fees fell 7% in the quarter, with UK and Ireland down 9%, as companies remain cautious about growth. Business Costs: UK firms are borrowing more to manage rising costs: 56% took on new credit in the past year, double the share in 2025. Inflation: India’s annual retail inflation rose to 5.54% in September, driven by food prices, adding pressure after the central bank raised rates. Energy & Industry: Hormuz disruptions have reversed South Asia’s LNG demand outlook, while global steel demand is forecast to stay flat in 2026, largely because of China’s slowdown. Market Competition: Chinese carmakers are gaining visibility in Europe with broader model ranges and stronger technology offerings. Small Business: Telangana plans a support centre for smaller firms, focused on technology, investment links and access to domestic and export markets. Retail Losses: A fire destroyed Paris’s 400-year-old Enfants Rouges market, wiping out stalls belonging to about 20 traders.
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