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FT News Briefing

Can Tories prevent a massive defeat?

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 17 July 2023

⏱️ 11 minutes

🧾️ Download transcript

Summary

The EU wants other polluting nations to cut emissions faster. Three of the largest US banks reported a surge in profits last week from charging more for loans as more US banks report this week. Plus the FT’s political editor, George Parker, examines how the UK conservative party might squeeze out a win during the country’s next general election.


Mentioned in this podcast:

‘We are on for a massive defeat’: can the Tories prevent the inevitable?

Large US banks reap bumper profits on Federal Reserve rate rises

EU pushes other polluting nations to cut emissions faster


The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Saffeya Ahmed (suff-YUH, EH-med) Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. 


Read a transcript of this episode on FT.com


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Transcript

Click on a timestamp to play from that location

0:00.0

The latest episode of the next five podcasts is all about financing net zero.

0:04.6

I speak to Tim Gould, Chief Energy Economist at the IEA.

0:07.6

We're up to $1.7 trillion going into clean energy transition investments this year.

0:13.1

Nick Standsbury, Head of Climate Solutions at LGIM.

0:15.6

We need to put a proper price on all greenhouse gas emissions.

0:19.6

And Eric Werners, SVP and Chief Economist are equinox.

0:23.0

We have to do these things together.

0:24.7

Industry cannot do this alone.

0:26.8

Listen to the full episode wherever you get your podcasts.

0:29.3

Enjoy.

0:32.8

Good morning from the Financial Times.

0:34.3

Today is Monday, July 17th.

0:36.3

And this is your FT News briefing.

0:38.9

The European Union wants other countries to step up their game when it comes to cutting carbon emissions.

0:44.1

And more US banks will report earnings this week.

0:47.3

We'll see whether they can continue the good vibes from Friday.

0:50.8

Plus, the conservative party is bracing for a massive blowout during the UK's general election next year.

0:56.6

You get into a kind of doom loop situation where people think they're going to lose.

1:00.3

They start behaving like they're going to lose discipline breaks down.

1:04.1

And it becomes a self-fulfilling prophecy.

1:06.1

The FT's political editor George Parker says there is a path to victory.

1:10.6

But it's very narrow.

...

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