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FT News Briefing

Tuesday, January 14

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 14 January 2020

⏱️ 10 minutes

🧾️ Download transcript

Summary

The UK government is trying to claw back some of the £10m paid to trade organisations to prepare for a no-deal Brexit, US officials have presented the UK with new intelligence challenging the claim that Britain would be able to mitigate the risks of adopting Huawei technology in its 5G network, and the US Treasury department has dropped the designation of China as a currency manipulator. 


Plus, tonight, six Democratic hopefuls will take part in the final US presidential primary debate before the crucial Iowa caucuses. The FT’s Lauren Fedor reports on how the candidates are doing in the 2020 race for the White House.


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Transcript

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0:00.0

Good morning from the Newsroom of the Financial Times.

0:02.6

Today is Tuesday, January 14th, and this is your FT news briefing.

0:08.2

The UK is trying to get back the millions of pounds it doled out

0:11.4

as part of a no-deal Brexit awareness campaign.

0:14.8

The U.S. says it has new intelligence on why the UK should not adopt Huawei technology in its

0:19.8

5G mobile network, and the U.S. Treasury Department lifts China's currency manipulator tag.

0:26.6

Plus, tonight, six Democratic hopefuls will take part in the final U.S. presidential primary

0:31.6

debate before the crucial Iowa caucuses.

0:34.8

The F.T.'s Lauren Feeter explains how the remaining candidates are doing in the 2020 race

0:39.0

for the White House.

0:40.0

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

0:45.0

The UK is set to leave the European Union on the 31st of October and the spotlight will be firmly fixed on Brexit

0:54.6

news for the foreseeable future. The Chartered Institute of Public Relations

0:59.2

received 146,000 pounds from the UK government to help produce videos such as this one last year.

1:05.8

The video offers PR consultant's advice on how to prepare clients for a no-deal Brexit.

1:11.6

This was part of a larger 10 million pound no-deal Brexit awareness campaign.

1:16.4

The government paid trade organizations to help businesses prepare for a hard crash out of

1:20.5

the EU with things such as events in these promotional videos.

1:25.0

But since the UK managed to avoid that no-deal scenario, the government is now trying to

1:29.6

get the 10 million pounds back.

1:32.4

The Financial Times has reviewed data it received as part of a freedom

1:35.6

of information request. We've learned that 131 groups use the money for various campaigns.

...

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