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Good morning from the newsroom of the Financial Times.

Today is Friday, September 6th. Good morning from the Newsroom of the Financial Times.

Today is Friday, September 6th, and this is your FT news briefing.

The Labor Party is set to reject Boris Johnson's fresh push for a snap election.

And U.S. Treasury Secretary Stephen Manutian calls for the immediate recapitalization of

Fannie Mae and Freddie Mac, more than a decade after they were bailed out by the government.

Plus the FT's Shanghai correspondent Tom Hancock explains why Chinese tech groups, including

Alibaba, poured money into physical retail, and how it has worked out for them

so far.

I'm Mark Filipino, and here's the news you need to start your day.

Boris Johnson has thrown down a challenge for a vote next week on a snap UK election.

And it looks like the opposition Labour Party isn't going to bite.

Labor leader Jeremy Corbin considers the move by Mr Johnson to be a trap.

MPs from several opposition parties worry that the Prime Minister could win the proposed October 15th election

and then take Britain out of the European Union without a deal. But some of Mr. Corbin's aides

feel like an election should come as soon as possible. They're worried that labor could look weak if it

refuses to back an early poll. Mr. Corbin has said that he wants an election as soon as possible,

but this week he said he would only back an election once the legislation to prevent a no-deal Brexit on October 31st has been approved by Parliament.

Meanwhile, diplomats and officials in Brussels warn that Mr Johnson diverges from EU rules after Brexit,

which he has threatened to do, the Block would be less willing to strike an ambitious trade deal with the UK.

...