The UK economy expanded by 0.4% in the second quarter, matching forecasts but slowing from the first quarter as higher energy prices linked to the Iran conflict weighed on business costs and confidence. Official figures show services grew 0.5% and construction 0.3% while industrial production was flat. Some firms in alcohol, retail, hospitality and media reported a late boost from the FIFA World Cup that began in June and a spell of hot weather. The Hang Seng is trading near 25,361 after shedding 0.4%. The DAX is trading near 26,331 and little changed so far in the European open. Oil is unchanged at $82.96. Gold is down 0.3% at $4,431 an ounce. Bitcoin traded near $63,843. And finally, acting pals Alan Cumming and Shirley Henderson have turned their 40-year friendship into a book, mirroring the television show that reunited them on screen.
Condor Studio News · 2:00 AM Central · Aug 13, 2026.