MPs chastise Starmer over Mandelson scandal
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 21 April 2026
⏱️ 12 minutes
🧾️ Download transcript
Summary
Tim Cook will step down as Apple’s chief executive in September, representatives for US President Donald Trump’s ‘Board of Peace’ held discussions with DP World about managing supply chains in Gaza, and UK Prime Minister Keir Starmer fended off calls for him to quit over the Peter Mandelson vetting affair. Plus, wealth advisers at banks and independent brokerages generated billions of dollars in fees by steering individual investors into private market funds.
Mentioned in this podcast:
Tim Cook to step aside as Apple chief executive in September
Donald Trump’s ‘Board of Peace’ held talks with DP World over Gaza reconstruction
Keir Starmer accused of scapegoating officials over Peter Mandelson scandal
Keir Starmer was told to vet Peter Mandelson before appointing him
Wealth advisers made more than $2bn from private capital fees
Kevin Warsh: Trump’s next fall guy at the Fed?
Credit: UK Parliament
Note: The FT does not use generative AI to voice its podcasts
Today’s FT News Briefing was hosted and edited by Marc Filippino, and produced by Saffeya Ahmed and Sonja Hutson. Our show was mixed by Sam Giovinco. Additional help from Gavin Kallmann, Michael Lello and David da Silva. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music 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 | Good morning from the Financial Times. |
| 0:04.2 | Today is Tuesday, April 21st, and this is your FT News Briefing. |
| 0:09.0 | There are big changes happening at Apple, and Kier-Starmer makes his case in the Peter |
| 0:14.2 | Mandelson vetting scandal. |
| 0:16.3 | Plus, wealth managers are sitting pretty from the private credit boom. |
| 0:20.2 | We'll tell you why. |
| 0:21.7 | I'm Mark Filipino, and here's the news you need to start your day. |
| 0:40.3 | Tim Cook is stepping down as CEO of Apple. The iPhone maker announced that John Turnus, the company's hardware chief, will take over when |
| 0:45.2 | Cook retires at the beginning of September. |
| 0:47.7 | Cook has led Apple for 15 years. |
| 0:50.1 | He took over from founder Steve Jobs in 2011. |
| 0:53.5 | In that time, Apple grew 10 times larger. |
| 0:58.1 | It's the world's leading smartphone company and also a services behemoth, with things like |
| 1:02.6 | the App Store, Apple Pay, and ICloud. |
| 1:05.4 | Cook's departure from the top job caps a year and a half of high-profile moves at Apple, |
| 1:10.1 | several of its top executives left |
| 1:11.9 | or stepped back. Cook will remain on as chair of the big tech company after Ternus takes over. |
| 1:18.2 | Apple shares dropped in after-hours trading yesterday. |
| 1:27.1 | Kear Starmar is battling for his future. |
| 1:29.9 | The UK Prime Minister addressed members of Parliament yesterday |
| 1:32.9 | to explain how one of Starmor's ambassadors took on the post |
| 1:36.6 | even though he failed security vetting. |
... |
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