As it happened: Choppy day for FTSE 100 after Iran closes Strait of Hormuz as strikes ramp up July 13, 2026 Welcome back to the City AM liveblog. Markets are returning from the weekend to face another geopolitical shock after Iran confirmed it had closed the Strait of Hormuz once more. The narrow waterway that connects the Persian Gulf with the Gulf of Oman and the Arabian Sea had slowly seen a pick up in traffic [...]
City policy chair: Blocking skyscrapers is deeply disappointing July 13, 2026 Ministers’ decision to delay the City Plan over proposed skyscrapers near Tower Bridge is a blow to growth, says Chris Hayward Britain says it wants growth. Yet one of the country’s most important local plans has been sent back for further examination after already undergoing years of consultation, scrutiny and independent review. This delay, issued via a ministerial [...]
UK economy tipped to stall as Iran war chokes growth July 12, 2026 The UK’s economy is expected to stall another month as the Iran war continues to choke growth and some industries face slowing output. Gross domestic product (GDP) is expected to have slipped again by 0.1 per cent in May, according to some economists. The UK’s growth update, delivered by the Office for National Statistics (ONS) [...]
Apple sues Open AI accusing them of stealing ‘trade secrets’ July 11, 2026 Apple has accused Open AI and two of its former employees of stealing top secret information as the two biggest names in Silicon Valley prepare to compete in the consumer electronics market. The iPhone maker said in a lawsuit filed on Friday in a California federal court that the theft of its trade secrets was [...]
The devastating prognosis for the UK’s public finances July 11, 2026 While much of the media obsesses over Nigel Farage’s fight with a man dressed as a bin, I have something more sobering to discuss as we kick off the weekend. The Office for Budget Responsibility’s report into fiscal risks and sustainability, published this week, is comfortably the most alarming yet. This is an annual review [...]
Assassin’s Creed Black Flag Resynced review: A classic rebuilt July 10, 2026 Assassin’s Creed Black Flag Resynced | PlayStation 5 (reviewed), PC, Xbox Series X/S | ★★★★☆ The year was 2013: Pope Benedict XVI resigned, Margaret Thatcher died, Breaking Bad ended and traces of horse meat were found in beef burgers sold by the likes of Tesco and Lidl. And Ubisoft released Assassin’s Creed Black Flag. The [...]
Orca Security Report: 99.9% of Fixable AI Vulnerabilities Remain Unpatched as AI Moves Into Production July 9, 2026 Analysis of more than 1,200 production cloud environments provides a first-hand view into how organizations are embedding AI into business-critical workflows, exposing new security risks that traditional controls weren't built to address.
HoneyBook Expands Platform with New Features for Photographers July 9, 2026 Gallery, Mini Sessions, and Two-Way SMS bring the full client journey into a single photographer-focused platform for the first time
SCP Standard Capital Partners AG: Fabian Becker Appointed Chairman of the Management Board and CEO July 9, 2026 The Supervisory Board of SCP Standard Capital Partners AG (WKN: A12UPJ | ISIN: DE000A12UPJ7 | XETRA ticker: CAP) resolved today to appoint Mr. Fabian Becker as Chairman of the Management Board and Chief Executive Officer (CEO), effective as of 9 July 2026. Ms. Stephanie Schettler-Köhler will remain a member of the Management Board and will [...]
Elliptic Announces Circle’s Participation in Agentic Design Partner Program July 9, 2026 Following investment from Circle Ventures, the corporate venture arm of Circle