MT Newswires -ShutterstockLondon's FTSE 100 closed 0.12% lower on Tuesday as tensions over the Strait of Hormuz remained elevated, while weaker-than-expected UK retail sales growth highlighted pressure on consumer demand. At home, annual retail sales growth eased to 1% on a like-for-like basis in July, from 1.7% in June, according to data from the British Retail Consortium. Meanwhile, InterContinental Hotels Group (IHG.L) was up 0.06% as interim attributable profit declined annually to $425 million from $469 million. "[Revenue per available room] growth accelerated, driven mainly by rate as fee revenue growth outpaced costs. Growth was broad-based, with the Americas leading, China returning to growth on leisure strength, and EMEAA holding up despite Middle East disruption."