Who will be Disney’s next CEO?
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 3 February 2026
⏱️ 11 minutes
🧾️ Download transcript
Summary
France has adopted a deficit-cutting budget for 2026 after months of political wrangling, and the FT’s Christopher Grimes tells us about the front runner to be Disney’s next CEO. Plus, US President Donald Trump said he had struck a trade deal with India, and Société Générale is European banking’s latest comeback kid.
Mentioned in this podcast:
France adopts budget after premier survives no-confidence vote
Disney warns of hit to US theme parks as foreign tourist numbers fall
Trump to slash India tariffs after Modi ‘agrees’ to stop buying Russian oil
How SocGen dragged itself back from the brink
Note: The FT does not use generative AI to voice its podcasts
Today’s FT News Briefing was hosted and edited by Marc Filippino, and produced by Sonja Hutson. Our show was mixed by Kelly Garry. Additional help from Gavin Kallmann and David da Silva. Our executive producer is Topher Forhecz. Cheryl Brumley is the FT’s Global Head of Audio. The show’s theme music is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | Good morning from the Financial Times. Today is Tuesday, February 3rd, and this is your FT News Briefing. |
| 0:08.7 | France finally has a budget, and Disney's CEO search is entering a whole new world. Plus, Societe |
| 0:15.9 | General used to be a punchline in European banking. Sochgen is not the proletum child anymore, so what is it exactly? |
| 0:23.6 | Like, how do you define them? |
| 0:24.7 | And I think he's yet to really answer that question. |
| 0:28.4 | We'll take a crack at that one in a bit. |
| 0:31.1 | I'm Mark Filipino, and here's the news you need to start your day. |
| 0:42.2 | Thank you. start your day. The French government had a rowdy Monday night. |
| 0:45.6 | Prime Minister Sebastian Le Corneux survived a no-confidence vote, and the country passed |
| 0:51.4 | a deficit-cutting budget for 26. |
| 0:54.6 | Le Corneux is President Emmanuel Macron's seventh prime minister, |
| 0:58.9 | and this revolving door of PMs partly exists |
| 1:01.8 | because they were unable to cut the country's deficit. |
| 1:05.3 | France has the third-witest deficit in the Eurozone. |
| 1:09.2 | Le Cornoe got this budget over the line by using a constitutional power that allows the |
| 1:13.8 | government to enact a budget without parliamentary support. |
| 1:17.6 | However, it has to survive a no-confidence vote. |
| 1:21.6 | French politics threw the country's bond market into disarray last year, but it recovered |
| 1:25.9 | over the past couple of weeks on the expectation |
| 1:28.1 | that this budget would pass. |
| 1:35.8 | You know what they say. |
| 1:37.2 | If the glass slipper fits, make them CEO. |
... |
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