AGP Executive Report
Last update: 6 hours agoUK Economy: GDP grew 0.7% in the third quarter, its strongest rise since early 2024, as services and AI-linked businesses lifted output. Computer programming and related activity rose 4.4%, even as inflation squeezed household spending. Andhra Pradesh Investment: The state converted 526 of 714 proposals into projects worth ₹17.1 lakh crore; 303 projects, valued at ₹7.3 lakh crore, have begun. Startup Funding: Saudi gaming studio Lambda raised $1.3 million to expand beyond Roblox and bring its games to platforms including Steam. South Africa’s Growth Challenge: The country needs an estimated $75 billion in additional annual investment to meet its growth ambitions; fixed investment remains below 15% of GDP, against a 30% government target. Small-Business Payments: An HSBC survey found 32% of small firms fear losing a sale when payment systems fail, while 30% say they have already lost one because they could not accept a customer’s preferred payment method.
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