How extremist settlers in the West Bank became the law
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 27 September 2024
⏱️ 14 minutes
🧾️ Download transcript
Summary
UK chancellor Rachel Reeves may backtrack on a key tax plan, Saudi Arabia is ready to abandon its unofficial price target of $100 a barrel for crude, and Citigroup announced a $25bn deal with Apollo to lend to private equity groups and low-rated US companies. Plus, Palestinian villagers in the West Bank are experiencing heightened violence after Hamas’s devastating October 7 assault on Israel.
Mentioned in this podcast:
UK chancellor ready to water down planned tax raid on wealthy foreigners
Saudi Arabia ready to abandon $100 crude target to take back market share
Citi turns to Apollo for $25bn private credit push
How extremist settlers in the West Bank became the law
The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. 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
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| 0:00.0 | The UK's energy partner. |
| 0:06.0 | Learn more at equinore. |
| 0:10.0 | At Aquinore. |
| 0:11.0 | The UK. |
| 0:12.0 | Good morning from the Financial Times. Today is Friday, September 27th, and this is your |
| 0:18.6 | FT news briefing. The Labor Party might youturn on a major policy plan, and Saudi Arabia is admitting defeat on its oil price goals. |
| 0:29.0 | Plus, the F.T.'s Allison-Killing explains how Palestinians in the West Bank are |
| 0:34.3 | experiencing more violence. I'm Sonia Hudson and here's the news you need to |
| 0:39.7 | start your day. Rachel Reeves is thinking about scrapping her plan to claw back taxes from wealthy |
| 0:55.3 | foreigners. That's what officials said yesterday. You see foreigners who live in the UK |
| 1:01.1 | but say they have permanent homes abroad, also known as non-doms, benefit |
| 1:06.8 | from some juicy tax perks. |
| 1:09.9 | And Reeves promised to get rid of this. |
| 1:12.0 | She said the move would raise a billion pounds each |
| 1:14.6 | year, but now it's looking like the numbers maybe don't add up. Tax advisors are warning |
| 1:20.5 | that wealthy residents are considering leaving the UK. |
| 1:24.0 | No final call has been made yet, |
| 1:26.0 | but Reeves was counting on the funds |
| 1:28.0 | from the plan for Labor's budget. |
| 1:30.0 | That'll be announced at the end of next month. |
| 1:33.0 | Saudi Arabia seems to be giving up on its unofficial goal of $100 for a barrel of oil. |
| 1:45.1 | For a while now, the world's largest oil exporter has cut production in order to boost the |
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