Thursday, September 5

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.4 • 1.3K Ratings

🗓️ 5 September 2019

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Boris Johnson suffered two major defeats on Wednesday as MPs backed legislation to stop a no-deal Brexit and then blocked the prime minister’s attempt to call an election to regain the initiative on Brexit. Plus, workplace chat app Slack posted strong revenue growth and predicted bigger losses during its debut results since going public, Hong Kong’s chief executive Carrie Lam withdrew the controversial extradition bill that sparked three months of protests, Apple returned to the bond market for the first time since 2017 and YouTube and its parent company, Google, agreed to pay $170m to US regulators after being accused of violating children’s privacy. Also, the FT’s Madhumita Murgia explains how Google has been accused of secretly feeding personal data to advertisers.

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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	Good morning from the newsroom of the Financial Times.
0:12.0	Today is Thursday, September 5th. Good morning from the newsroom of the Financial Times.
0:12.5	Today is Thursday, September 5th, and this is your FT news briefing.
0:18.5	UK MPs backed legislation to stop a no-deal Brexit and then blocked Forrest Johnson's attempt to
0:24.4	call a general election and Slack forecasts significant losses in its first
0:29.6	earnings report since going public. Plus the FT's Maramita Mergia explains how one of Google's rivals unleashed evidence
0:37.0	that the search engine was exploiting user privacy.
0:40.0	I'm Mark Filipino, and here's the news you need to start your day.
0:45.0	UK Prime Minister Boris Johnson suffered a double defeat on Wednesday as the chances of a no-deal Brexit grew
0:53.7	slimmer. First, Tory rebel MPs and members of the opposition parties
0:58.0	approved a Brexit delay bill. It aims to block a no-deal exit at the end of October.
1:03.3	That measure passed 327 votes to 299,
1:08.0	so by a fair margin.
1:10.0	But the margin of victory for his opponents was narrower when it came to a possible election.
1:15.0	And technically it wasn't even a victory.
1:18.0	Mr. Johnson put forth a measure to hold a general election on October 15.
1:22.0	He said it would allow the public to
1:24.3	decide whether he or labor leader Jeremy Corbyn would conclude Brexit negotiations.
1:29.5	Everybody knows that if a right honorable gentleman is is the Prime Minister, he will go to Brussels
1:34.8	and beg for an extension.
	...

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