Rishi Sunak takes the reins
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 25 October 2022
⏱️ 9 minutes
🧾️ Download transcript
Summary
Chinese technology stocks sold off sharply after president Xi Jinping secured a third term as party leader. Plus, the FT’s chief features writer, Henry Mance, talks about former chancellor, and now prime minister, Rishi Sunak.
Mentioned in this podcast:
Rishi Sunak to become UK prime minister
Chinese tech stocks tumble in US trading as Xi bolsters political power
The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by 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
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| 0:00.0 | The FT News Briefing is supported by Equinole, the UK's energy partner. |
| 0:06.3 | Learn more at equinole.co.uk |
| 0:09.9 | Good morning from the Financial Times. |
| 0:11.5 | Today is Tuesday, October 25th, and this is your FT News Briefing. |
| 0:18.0 | 10 Daning Street has a new resident. |
| 0:20.0 | Today, Rishi Sunak will become the UK's youngest Prime Minister in modern times. |
| 0:24.9 | Tori Lawmakers voted him in after months of political turmoil. |
| 0:29.2 | There's certainly a part of the Conservative Party, which is crying out for some sobriety, |
| 0:33.3 | a guy who, you know, unlike Boris Johnson, does not take lots of holidays. |
| 0:38.0 | The FT's Henry Mance will tell us more about Sunak and his challenges, |
| 0:41.5 | plus we'll tell you why Chinese tech stocks |
| 0:44.0 | nose-dived on Monday. |
| 0:46.0 | I'm Mark Philippineau, and here's the news you need to start your day. |
| 0:53.7 | The UK's former chancellor Rishi Sunak will become the country's Prime Minister today. |
| 0:58.6 | Tori Lawmakers crowned him after two challenges, including former Prime Minister Boris Johnson |
| 1:03.6 | dropped out. Here's Sunak in a speech yesterday. |
| 1:07.2 | We face a profound economic challenge. We now need stability and unity, |
| 1:14.7 | and I will make it my utmost priority to bring our party and our country together. |
| 1:22.4 | Markets loved the news. UK government bonds or guilds rallied, so did Pound Sterling. |
| 1:29.9 | And the 42-year-old may just be what the Conservative Party needs right now. |
| 1:34.4 | To find out more, I'm joined by our chief features writer, Henry Mance. Hi, Henry. |
| 1:39.4 | Hi, Mark. |
... |
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