AGP Executive Report
Last update: 7 hours agoUK Defence Investment Plan: Keir Starmer’s long-delayed 10-year Defence Investment Plan boosts spending to nearly £80bn by 2029, funded by cutting some roads and energy capital projects, while ruling out “defence bonds” and warning the country must “spend better.” Payments & Fraud: Chargebacks911 says friendly fraud is rising fast, with 83% of enterprise merchants reporting increases over three years, pushing chargeback costs into pricing and operations. SME Finance Tech: Finom launches Finom AI inside its business account, answering finance questions using a user’s own data without uploads, aiming to cut admin time for entrepreneurs. Cross-Border Growth: India’s Cashfree Payments (backed by SBI) plans pilots for overseas investment, travel and B2B payments as it expands beyond cross-border e-commerce. Startup Funding: Lucida AI raises €6.1m to scale speech-native AI for global communication, while LeapXpert bags $180m to turn governed enterprise messaging into usable intelligence. Airline Capex: SAS orders up to 40 Airbus widebodies in a deal worth $10bn+ as it modernises its fleet after restructuring.
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.
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