AGP Executive Report
Last update: 4 hours agoHospitality Tax Pressure: UK hospitality groups are again pushing for VAT cuts after Andy Burnham’s support for lowering the rate from 20% to 10% resurfaced, with more than 800 businesses and major chains signing an open letter ahead of the next Budget. Italian Customs Crackdown: Italy’s Guardia di Finanza stopped a man at Turin Airport after finding a protected crocodile head in his suitcase, with CITES rules raising the risk of fines or jail. Asset Management: Schroders says it will keep expanding its active ETF range, adding new Europe and Japan equity active UCITS ETFs and pointing to more launches soon. Luxury Rail Investment: Italian luxury rail operator Arsenale is buying a 33% stake in Vietnam’s SJourney and plans about €20m in upgrades to grow high-end rail tourism across Southeast Asia. Circular Economy Trade Fair: IEG will broaden Ecomondo’s international reach in 2026, adding a textile supply-chain hall and more focus on AI and Europe’s ecological transition, with a multi-country roadshow supporting buyer outreach.
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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