The UK government passed its welfare reform bill after making concessions, and Hong Kong’s stocks are beating out mainland China’s. Plus, Eurozone inflation rises to 2 per cent, and Europe turns to France to process rare earths.
Mentioned in this podcast:
Starmer guts UK welfare reforms to avoid Commons defeat
Hong Kong’s bull market leaves China behind
Eurozone inflation rises to ECB’s 2% target
European companies look to France for domestic rare earths sector
Today’s FT News Briefing was produced by Sonja Hutson, Kasia Broussalian, and Fiona Symon. Additional help from Kelly Garry and Michael Lello. Our acting co-head of audio is Topher Forhecz. Our intern is Michaela Seah. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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https://www.ft.com/content/b0a8089a-e9de-4f46-8f21-d2912d1547ec