Women still battle for start-up finance
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 14 October 2021
⏱️ 10 minutes
🧾️ Download transcript
Summary
Read a transcript of this episode on FT.com
https://www.ft.com/content/d8781394-95a8-4411-9f19-69ddbb7e3200
UK ministers trying to fund the government’s ‘levelling up’ agenda are looking to relax rules shielding tens of millions of retirement savers from high charges, Latin American tech start-ups are attracting more investment than south-east Asia. Plus, the FT’s business columnist, Helen Thomas, explains why women entrepreneurs are locked out of venture capital circles that are dominated by men.
Pension savers face risk of higher fees as Sunak seeks billions for ‘levelling up’
https://www.ft.com/content/a8cad0f1-fd85-40ed-aa19-e71728f10825
How Latin America became tech’s next big frontier - with Michael Stott
https://www.ft.com/content/5440b1cf-3523-4a4d-96bc-07a2c2132069
Start-up finance is a closed shop for women - with Helen Thomas
https://www.ft.com/content/60caa57e-d40d-4d6f-974a-1d14a3798d27
China/inflation: soy sauce price rise serves up global warning
https://www.ft.com/content/9f8f6fea-467e-4bd8-aad2-77baf831dbdd
The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.
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Transcript
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| 0:00.0 | Good morning from the Financial Times. Today is Thursday, October 14th. This is your FT news briefing. |
| 0:08.7 | The UK's leveling up plan could come with a high cost for the country's pensioners. We'll look at |
| 0:13.6 | startups in Latin America, which has now become a hot place for investors, and FT Business |
| 0:18.7 | columnist Helen Thomas has been looking into women-led startups and why they're still having a hard |
| 0:23.7 | time getting funding. This isn't a problem that 24-year-olds with no experience are running into. |
| 0:31.2 | This is a problem that women with serious business careers and serious kind of managerial |
| 0:37.3 | experience are running into. I'm Mark Filipino and here's the news you need to start your day. |
| 0:46.0 | UK Prime Minister Boris Johnson promised in his last election campaign to spread economic |
| 0:51.2 | prosperity by investing in poorer parts of the country. Now we have details on how |
| 0:56.1 | this government will fund that. The FT reports that Chancellor Rishi Sunak is looking to tap into |
| 1:01.5 | billions of pounds of pension fund cash to invest in long-term projects like infrastructure and clean |
| 1:07.1 | energy. Officials are working on proposals to dilute the ceiling on annual management fees, |
| 1:12.5 | rules that now protect tens of millions of UK retirement savers from high charges. |
| 1:17.1 | Critics are concerned that retirees could be exposed to high or even more volatile fees. |
| 1:22.0 | The UK government declined to comment for this story. |
| 1:30.0 | Latin America is plagued by inefficiency and bureaucracy, which means if you're an entrepreneur, |
| 1:36.4 | there's plenty of opportunity for disruptive solutions. And entrepreneurs are doing just that. |
| 1:42.7 | This year, they've pulled in billions of dollars in venture capital. To find out more, |
| 1:47.0 | I'm joined by the FT's Latin America editor, Michael Stott. Hey, Michael. |
| 1:50.8 | Hello, Mark. So, Michael, how much investment has gone into tech startups in Latin America? |
| 1:56.5 | Well, last year, four billion, just over four billion, |
| 1:59.2 | venture capital flowed into the region, Mark, which was actually more than Southeast Asia. |
... |
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