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FT News Briefing

UK weighs new lockdown, ECB measures bond buying program, Trump on Chinese tech

FT News Briefing

Forhecz Topher

Daily News, News, News & Politics

4.41.3K Ratings

🗓️ 21 September 2020

⏱️ 11 minutes

🧾️ Download transcript

Summary

Rishi Sunak is set to extend the Treasury’s UK-wide programme of business support loans ahead of what’s expected to be a challenging winter for Covid-19, the European Central Bank has launched a sweeping review of its main pandemic crisis-fighting tool, and Donald Trump has said that the new Oracle-ByteDance partnership will finance a “patriotic” education fund. Plus, the FT’s US energy editor Derek Brower will explain whether the poisoning of Russian activist Alexei Navalny will affect the completion of the Nord Stream 2 pipeline. 


Sunak to extend business support loans as Covid-19 spread worsens ft.com/content/dfdff1fd-503a-4231-812f-40be4cc4c2b7?


ECB to review flagship bond-buying tool in fighting Covid crisis

https://www.ft.com/content/8ff55eff-ed3a-49db-b26a-2f49fa7822d4


Doubts surround ‘education fund’ at heart of US TikTok deal

https://www.ft.com/content/4a9bb9aa-45e3-43b2-9759-3313751ffc8b


EU gas groups exposed as pipeline politics threaten Nord Stream 2

https://www.ft.com/content/2c713b40-ae7f-47a7-b050-e91ca0879c8f


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Transcript

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0:00.0

Good morning from the Financial Times.

0:01.8

Today is Monday, September 21st.

0:04.2

This is your FT news briefing.

0:08.5

The UK is preparing for a tough autumn in winter

0:11.1

when it comes to COVID-19. The European Central Bank will

0:14.6

review its main pandemic crisis fighting tool and the Trump administration

0:18.2

signs off on the deal to get Tik-Toc in the US. Plus what does a poisoned Russian activist have to do with the future of a European gas pipeline?

0:27.0

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

0:33.0

Like a lot of places around the world.

0:40.0

Like a lot of places around the world, the UK is bracing itself for a second wave of coronavirus

0:44.5

cases this winter.

0:46.6

Government scientists released a report last week.

0:49.2

It estimated new COVID-19 infections were growing by between 2% and 7% each day across the United Kingdom.

0:56.8

The F.T's political editor, George Parker, is with me now to explain what the UK government

1:00.6

is planning in response.

1:02.4

George, what's going on?

1:04.0

The scientific advice going into 10 Downing Street now

1:07.0

is what one official said to me is extremely pessimistic.

1:10.0

And as a consequence, we're now having a sort of attempt to turn on a sixpence really and the government now is preparing for a whole load of quite onerous restrictions on the way we live our lives.

1:20.0

Not quite as the same as the ones back in March when the lockdown was introduced but nevertheless

1:24.3

the government is looking now to much more intensive local lockdowns and is considering the possibility

1:30.4

of new national restrictions as well. And as a result of that, the economic

...

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