As it happened: UK stocks cool after Astrazeneca drags; Trump and Iran clash over peace talks August 3, 2026 Welcome back to the Morning Wire liveblog. The London stock market is starting the new week relatively mixed after Donald Trump hinted a deal between US and Iran on the Strait of Hormuz is near, but was contradicted by communication from Tehran. The US President has said that Saudi Arabia, the UAE, Qatar and Iran [...]
Trump suspends strikes amid new peace hopes August 2, 2026 President Trump has said the “perimeters of a deal” have been agreed with Iran, prompting him to call off strikes in the Middle East. The US president said that Iran and Gulf region countries had “asked” the US to suspend strikes due to the workings of a new peace deal. In a Truth Social post, [...]
Fifa refuses to back down on World Cup sell-off in face of European boycott July 31, 2026 Fifa has refused to abandon its plans to sell off stakes in a new $20bn commercial vehicle despite all Uefa nations vowing to boycott future World Cups if it proceeds. All 55 European nations in Uefa, including England’s Football Association, yesterday voted to support a boycott of all Fifa tournaments in protest at the divisive [...]
Uefa to boycott World Cup over Infantino’s Fifa sell-off following unanimous vote July 30, 2026 All European nations have vowed to boycott the World Cup if Fifa proceeds with plans to sell off stakes in a new commercial vehicle following a Uefa crisis summit. England’s Football Association and the other 54 members of European governing body Uefa held emergency talks today to discuss their response to Fifa’s proposal. All Uefa [...]
Vehicle production drops in first half of year July 30, 2026 British car manufacturers produced considerably fewer vehicles in the first six months of this year, according to fresh figures from the industry’s largest trade group which warned that tariffs and domestic policy decisions were weighing on an already struggling sector. Vehicle production fell by 7.5 per cent between January and July compared to the same [...]
Fifa World Cup sell-off is a money-grab and faces defeat, says Uefa July 29, 2026 Uefa has warned Fifa it is facing defeat in its plans to sell stakes in a new subsidiary that will run the World Cup and accused it of using football to “enrich themselves and their friends”. Fifa president Gianni Infantino wants to set up a spin-off company to manage the commercial rights to the World [...]
Trump warns Iran: ‘We’re going to beat the f***ing s*** out of them’ July 29, 2026 Donald Trump has vowed to hit back at Iran after it launched “surprise” strikes against US forces in the Middle East last night. “We’re going to beat the f***ing s*** out of them. We’ll be hitting them hard. They’re going to get a beating,” the US President told Fox News on Wednesday. Oil prices have [...]
European Commissioner vows to probe Fifa sell-off amid furious backlash July 29, 2026 Furious European Commissioner for Sport, Glenn Micallef, has vowed that the EC will investigate Fifa’s controversial proposals to sell stakes in a new commercial entity to outside investors. Football’s world governing body on Monday revealed plans to raise $4bn by selling minority holdings in a new vehicle, Fifa Forward Enterprise, that would control all commercial [...]
Uefa blasts Fifa over Infantino plan to ‘sell football’s soul’ for $4bn July 28, 2026 Uefa has accused Fifa of “selling football’s soul” after the world governing body revealed plans to raise more than $4bn by selling stakes in a new subsidiary that would manage the commercial rights to the World Cup and Club World Cup. The new company, Fifa Forward Enterprise, would consolidate the media rights, sponsorship, ticketing and [...]
Keep your politics out of your investments July 28, 2026 I keep telling everyone that you should keep your politics out of your investment portfolio. The market doesn’t care about your politics. That is why I am against ESG investors that exclude certain industries from their portfolio, just like conservative investors who think climate change is a hoax and don’t invest in wind and solar [...]