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FT News Briefing

Tuesday, November 6

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 6 November 2018

⏱️ 9 minutes

🧾️ Download transcript

Summary

Theresa May set to warn pro-Brexit ministers time is running out for a deal with the EU, private equity groups scale back their UK investments and Apple and Amazon shares take a hit. Plus, as Americans go to the polls, the FT's Patti Waldmeir takes us to the Midwest to see what Donald Trump supporters have on their minds.

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Transcript

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0:00.0

The UK's energy partner.

0:06.0

Learn more at equinore.

0:08.0

At Aquinore.

0:10.0

Good morning from the newsroom of the Financial Times, today is Tuesday, November 6th, and this is your FT news briefing.

0:19.0

Today, we'll be looking at Theresa May's warning to pro-Brexit ministers, private equity groups scaling back

0:25.2

their investments in the UK, and a hit to Apple and Amazon stocks.

0:29.9

Then it's election day in the US.

0:32.4

Patty Waldmeyer takes us to the Midwest where Then it's election day in the US.

0:32.5

Patty Waldmeyer takes us to the Midwest,

0:34.8

where Trump's rhetoric is playing well among his supporters.

0:38.2

I'm Eric Krupky, and here's the news you need

0:40.5

to start your day. Today Theresa May is expected to put pressure on

0:46.2

the Eurosceptic ministers in her cabinet. She wants them to back a Brexit deal

0:50.6

that could be signed before the end of the month.

0:53.6

Earlier this week, Irish Prime Minister Leo Veradkar offered a compromise on the Northern Ireland

0:58.8

border.

0:59.8

That's the issue that's been plaguing Brexit negotiations from the start.

1:04.0

Mr. Veradcar told Mrs. May he would consider a quote review mechanism.

1:08.6

In other words, the ability to review the terms of the backstop plan so that it would not leave Britain locked in a customs union indefinitely.

1:16.1

But he said, this so-called mechanism could not be operated unilaterally by Britain.

1:22.1

The EU is ready to agree to a backstop that

1:25.0

would see the whole UK remain in a customs union until a trade deal is agreed to.

...

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