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FT News Briefing

Tuesday, September 3

FT News Briefing

Forhecz Topher

Daily News, News & Politics, News

4.41.3K Ratings

🗓️ 3 September 2019

⏱️ 9 minutes

🧾️ Download transcript

Summary

UK prime minister Boris Johnson threatens to call an October 14 general election if rebel Tory MPs join forces with Labour today, Germany’s export-dependent economy is suffering from a Brexit shock as a potential recession looms and the long-running merger talks between Allen & Overy and O’Melveny & Myers collapse. Plus, the FT’s Hannah Kuchler goes into the history of Verily, the health organisation spun out of Google’s secretive research facility. 

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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 Tuesday, September 3rd, and this is your FT news briefing.

0:17.6

German manufacturers depended on exports have been burnt by Brexit.

0:23.0

Merger talks between two high profile law firms have fallen apart,

0:27.2

and the FT's Hannah Cushler goes into the history of the health organization

0:31.1

spun out of Google's secretive research facility.

0:35.0

The first, the F.T.'s George Parker unpacks the strategy from UK Prime Minister Boris Johnson

0:40.8

over Brexit negotiations. I'm Mark

0:43.6

Filipino and here's the news you need to start your day.

0:49.4

I'm George Parker at the Financial Times here at the House of Commons at Westminster

0:53.6

where Boris Johnson yesterday dramatically raised the stakes in the battle over Brexit,

0:59.5

basically announcing that Britain will have a general election on the 14th of October if MPs at

1:05.1

Westminster today try to tie his hands over as a negotiating strategy.

1:09.6

It's setting up a huge showdown with his own MPs, around 15 to 20 Conservative MPs, threatening to

1:16.0

side with other opposition parties to stop Boris Johnson taking Britain out

1:20.9

of the EU without a deal at the end of October.

1:24.0

The key vote will happen today at Westminster and Boris Johnson has made it clear

1:28.0

that if he's defeated on this and his power over the Brexit negotiation is taken away and the threat of a no-deal

1:34.4

exit is taken out of his armory. He will consider that to be a confidence vote

1:38.1

which will trigger an immediate general election campaign with a views having an election on

...

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