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Today: August 11, 2026
August 11, 2026
1 min read

Oil prices rise and gold hits two-month high after Trump makes new deal demands on Iran – business live

US president demands compensation for damage incurred by US, complicating standoff with Tehran

Consumer confidence hit its highest level in almost two years in July, according to research that indicated the closing stages of the men’s football World Cup and more people holidaying in the UK lifted summer spending.

A truce in the Middle East conflict in June and the arrival of a new prime minister in No 10 also gave a lift to consumers after a long period of heightened uncertainty.

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