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FT News Briefing

Johnson’s plan to lift lockdown, McKinsey leadership vote, UK probes Big Tech

FT News Briefing

Forhecz Topher

News, Unknown, News & Politics, Daily News

4.41.2K Ratings

🗓️ 22 February 2021

⏱️ 10 minutes

🧾️ Download transcript

Summary

UK prime minister, Boris Johnson, is set to lay out a road map for lifting England’s lockdown, HSBC is accelerating its “pivot to Asia”, and McKinsey’s 650 senior partners have begun voting on whether Kevin Sneader should serve a second term at the helm of the business consultancy. Plus, the UK’s competition watchdog is planning new probes on Big Tech companies. The FT’s Brussels correspondent, Javier Espinoza talks to Andrea Coscelli, the head of the UK’s Competition and Markets Authority. 


Schools in England to reopen on March 8 under easing of lockdown

https://www.ft.com/content/3a0434e5-8cac-4922-8f0f-062db0604115


HSBC intensifies pivot to Asia with job moves and US exit

https://www.ft.com/content/38c3670c-3b0f-41e6-874e-0f9eee553744


UK competition watchdog warns Big Tech of coming antitrust probes

https://www.ft.com/content/da5c30a8-6fab-4131-b6bd-f8f05dcf5a46?


McKinsey senior echelons vote in referendum on Sneader leadership

https://www.ft.com/content/f001f3ef-e296-4eb6-b711-5f7cb773e314



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Transcript

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0:00.0

Good morning from the Financial Times.

0:02.0

Today is Monday, February 22nd, and this is your FT News Briefing.

0:09.0

Boris Johnson will reveal a roadmap for lifting England's lockdown.

0:13.0

HSBC is accelerating its pivot toward Asia,

0:16.0

and the consulting giant McKinsey holds a referendum on its leadership.

0:20.0

Plus the UK's top competition Watchdog plans new probes into big tech companies

0:25.0

will talk to the head of the competition and market authority Andrea Coselli

0:29.0

and his plans to regulate the Google's and Amazon's of the world.

0:33.0

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

0:40.0

Today, UK Prime Minister Boris Johnson will release a roadmap for lifting England's lockdown.

0:45.0

It will include a plan for returning to schools, the data is now set for March 8th,

0:49.0

and then he'll proceed with a prudent reopening of much of the economy by summer.

0:54.0

Johnson's announcement comes as data shows coronavirus infections have been falling

0:58.0

between 3-6% per day.

1:00.0

Hospitalizations and deaths are also down.

1:03.0

The UK has rolled out vaccinations quickly, more than a third of the adult population has now gotten a first dose.

1:09.0

But the data also shows that the vast majority of improvements are because of lockdown,

1:14.0

and not because of vaccinations.

1:17.0

The Global Bank HSBC will announce some major strategic moves this week,

1:27.0

including the relocation of three top executives to Hong Kong.

1:31.0

That would mean that business divisions that account for almost all of HSBC's global revenue

1:36.0

will be run out of Hong Kong.

...

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