BREAKING NEWSThursday, August 13, 2026
DailyreportixIndependent daily news
LATEST REPORTSBrowse all sections
Bingo halls at risk if Burnham hikes taxes, Mecca Bingo owner warns
INVESTING · Aug 13, 2026

Bingo halls at risk if Burnham hikes taxes, Mecca Bingo owner warns

Britain’s “much-loved” bingo halls are at risk if the Andy Burnham commits to a £460m hike on gambling taxes, the owner of Grosvenor Casinos and Mecca Bingo has said. Richard Harris, chief executive o...

Read full story →
UK economy weathers Iran war shocks but slowdown incoming
BANKING · Aug 13, 2026

UK economy weathers Iran war shocks but slowdown incoming

The UK economy grew 0.4 per cent between April and June, official data has revealed, in a sign that businesses and consumers have so far weathered the worst shocks of the war in Iran. The growth figur...

Read full story →
FTSE 100 Live: Stocks drop as Antofagasta prompts miner sell-off; oil prices cool
STOCKS · Aug 13, 2026

FTSE 100 Live: Stocks drop as Antofagasta prompts miner sell-off; oil prices cool

Welcome back to City AM liveblog. Oil prices are hovering around the $88 per barrel mark as investors asses the conflicting rhetoric over the Strait of Hormuz. President Donald Trump said the US had “...

Read full story →
The Boardroom Playbook for UAE E-Invoicing
BANKING · Aug 13, 2026

The Boardroom Playbook for UAE E-Invoicing

UAE businesses must treat mandatory e-invoicing as a strategic transformation, not just a compliance exercise, with boards needing to focus on regulatory readiness, system redesign, staff training, an...

Read full story →
Thailand: The Fintech Market That No Longer Feels Like Fintech
BANKING · Aug 13, 2026

Thailand: The Fintech Market That No Longer Feels Like Fintech

The following showcases the 2026 developments of fintech and wider digital of Southeast Asian nation of Thailand. The post Thailand: The Fintech Market That No Longer Feels Like Fintech appeared first...

Read full story →
Vibes matter with tax, so here’s how Healey can deliver a feel-good Budget
MARKETS · Aug 13, 2026

Vibes matter with tax, so here’s how Healey can deliver a feel-good Budget

We may think it is easy to try to predict how a major tax announcement may impact sentiment based on whether it’s a give or a take. but the evidence shows, there’s no clear correlation between tax cut...

Read full story →
Surge in Lightning-Related Claims Highlights Growing Risks for Insurers
BANKING · Aug 13, 2026

Surge in Lightning-Related Claims Highlights Growing Risks for Insurers

The recent lightning strike at Ohio's Grafton Reintegration Center underscores rising costs in lightning-related insurance claims, driven by increased property damages.

Read full story →
Britain needs to start designing for drought
BANKING · Aug 13, 2026

Britain needs to start designing for drought

The cultural assumption that Britain will always have enough water belongs to a different climate. This summer should be the catalyst for designing around the one we now face, says Alastair Chisholm M...

Read full story →
Independent Agencies Maintain Profit Margins Amid Decelerating Growth Trends
ECONOMY · Aug 13, 2026

Independent Agencies Maintain Profit Margins Amid Decelerating Growth Trends

Independent agencies report stable margins despite slowed growth, raising concerns over under-investment in producer recruitment and future market conditions.

Read full story →
Western U.S. Wildfire Risk Reaches $1.4 Trillion As Conflagration Potential Increases
MARKETS · Aug 13, 2026

Western U.S. Wildfire Risk Reaches $1.4 Trillion As Conflagration Potential Increases

Over 2.5 million properties face wildfire risk in the western U.S., highlighting the increased need for nuanced risk assessment and mitigation strategies.

Read full story →
Sunstar Insurance Expands into Minnesota with Strategic Acquisition of RJR Faribo
MARKETS · Aug 13, 2026

Sunstar Insurance Expands into Minnesota with Strategic Acquisition of RJR Faribo

Sunstar Insurance Group's purchase of RJR Faribo marks a significant step in its Midwest expansion, highlighting a focus on cultural fit and strategic growth.

Read full story →
Eighth Circuit Denies Berkley's $2.5 Million Recovery Claim Against Broan-Nutone
BANKING · Aug 13, 2026

Eighth Circuit Denies Berkley's $2.5 Million Recovery Claim Against Broan-Nutone

The Eighth Circuit upheld a ruling favoring Broan-Nutone, blocking Berkley's attempt to recover $2.5 million over a gas station fire linked to a ceiling fan.

Read full story →
Ten bold ideas to fire up the British economy
ECONOMY · Aug 13, 2026

Ten bold ideas to fire up the British economy

City AM is about to take its traditional two-week break from printing the newspaper. Very French of us, I know. Don’t worry – the team’s not going anywhere and the website, app, newsletters and studio...

Read full story →
Massachusetts Court Ruling Expands Insurer Defense Obligations in Medical Liability Cases
INVESTING · Aug 13, 2026

Massachusetts Court Ruling Expands Insurer Defense Obligations in Medical Liability Cases

A recent Massachusetts Supreme Judicial Court decision requires MAG Mutual to provide defense coverage for a physician based on a single prescription allegation.

Read full story →
Let’s go to the wall to stop graffiti
BANKING · Aug 13, 2026

Let’s go to the wall to stop graffiti

They say what gets measured gets managed, but no one is documenting the volume of graffiti blighting our streets and degrading civilised society.. until now, writes Neil O’Brien I hate graffiti. I hat...

Read full story →