7 min listen
Salary advancements: a double-edged sword?
FromFT News Briefing
ratings:
Length:
8 minutes
Released:
May 18, 2022
Format:
Podcast episode
Description
Cash holdings among global fund managers have risen to their highest level since 9/11, China’s economic data show how badly the country is suffering from its Covid lockdowns. Plus, the FT’s employment columnist Sarah O’Connor says inflation hurts some workers more than others and salary advancement schemes aimed at helping struggling workers may not be a panacea. Mentioned in this podcast:Big investors increase cash holdings to highest levels since 9/11 attackBeware the promise of salary advance schemesChina’s economic activity plummets as Covid lockdowns hit growthThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com See acast.com/privacy for privacy and opt-out information.
Released:
May 18, 2022
Format:
Podcast episode
Titles in the series (100)
Thursday, October 25: The Nasdaq has its worst day since 2011, better-than-expected results from Ford and Tesla and why the US is warning the UK not to get into the nuclear power business with China. Plus, we’ll take you to the scene outside CNN’s New York offices after the... by FT News Briefing