UK FTSE Falls 0.2% Post US-Iran Talks

UK FTSE 100 slipped 0.2% as US‑Iran negotiations collapsed and President Trump threatened an immediate Hormuz blockade.
European airline stocks fell 2.7‑7.7% as Brent crude rose 8% to $102.78, hitting Ryanair, IAG, Lufthansa, Air France‑KLM, easyJet and Wizz Air.
Wise shares rose >5% after Q4 FY2026 cross‑border volumes jumped 27% to £49.4bn and underlying income rose 24% to £435.3m.
UBS lowered the 2026 UK growth outlook to 0.6% from 1.1% due to higher energy prices, rising inflation and squeezed consumer spending.