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UK’s weak household spending, Asia-Pacific trade deal, Biden’s Brexit impact

UK’s weak household spending, Asia-Pacific trade deal, Biden’s Brexit impact

FromFT News Briefing


UK’s weak household spending, Asia-Pacific trade deal, Biden’s Brexit impact

FromFT News Briefing

ratings:
Length:
11 minutes
Released:
Nov 16, 2020
Format:
Podcast episode

Description

A Financial Times analysis has found the UK’s weakness in international economic league tables during the coronavirus crisis reflects stretched household finances and potentially wasteful public spending, leaders from 15 Asia-Pacific countries have signed one of the biggest trade deals in history, and US banks are concerned over one of their most profitable business segments as consumers pay down their credit cards. Plus, the FT’s Arthur Beesley explains how US president-elect Joe Biden’s Irish roots could affect Ireland’s Brexit outlook. UK’s poor GDP performance rooted in weak household spendingft.com/content/c5d72dea-50bc-4f1f-98d3-bc758aafa905?US surge in coronavirus cases darkens outlook for economyhttps://www.ft.com/content/f3a4f31b-85bc-450f-ac7a-f7dbbad3f6dcAsia-Pacific countries sign one of the largest free trade deals in history  https://www.ft.com/content/2dff91bd-ceeb-4567-9f9f-c50b7876adceBank credit card profits in question as US consumers pay down debt https://www.ft.com/content/fe591579-2202-45f1-8c83-a7e7dd1200c4 See acast.com/privacy for privacy and opt-out information.
Released:
Nov 16, 2020
Format:
Podcast episode

Titles in the series (100)

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. See acast.com/privacy for privacy and opt-out information.