Ft News

Theresa May, Britain's new prime minister, has revealed some contentious cabinet choices which mark a significant break with the past. What does her line-up say about the future direction of the government? Lionel Barber, editor of the FT, puts the question to Philip Stephens, chief political correspondent.  See acast.com/privacy for privacy and opt-out information.

Double-digit pay rises became the norm on Wall Street in 2015, while European banks proved they were willing to pay big to get the chief executives they wanted, data compiled by Equilar shows. Patrick Jenkins, FT financial editor, discusses the findings with Laura Noonan, the FT's investment banking correspondent. Music by Kevin MacLeod  See acast.com/privacy for privacy and opt-out information.

Nintendo's smartphone game Pokémon Go has jumped to the top of the highest grossing charts in the US. Within 24 hours of its launch last week, the game had crashed company servers, driven atheists to church and prompted road safety warnings by police. Chris Nuttall asks the FT's Hannah Kuchler and Leo Lewis what all the fuss is about  See acast.com/privacy for privacy and opt-out information.

China has warned of increased tension in the South China Sea if a UN tribunal rules against its claim to disputed waters that are also claimed by the Philippines. Chinese warships have been conducting live-fire military drills in the area ahead of Tuesday’s decision. John Murray Brown asks James Kynge, FT emerging markets editor, what's at stake  See acast.com/privacy for privacy and opt-out information.

This week, private investors felt the first effects of the UK’s vote to leave the European Union as not one but seven property funds put restrictions on people trying to take their money out. Matthew Vincent asks Judith Evans, the FT's property correspondent, what investors can do.  See acast.com/privacy for privacy and opt-out information.

Christine Lagarde says political courage will be critical at a time of growing uncertainty following Britain’s vote to leave the EU. In an interview with the FT's Shawn Donnan, she warns that the kind of antitrade policies championed by Republican presidential candidate Donald Trump could spark a dangerous protectionist movement that would damage the global economy.  See acast.com/privacy for privacy and opt-out information.

What impact will Britain's vote to leave the European Union have on US growth? Sam Fleming, the FT's Washington correspondent, looks at the likely repercussions of the political and economic uncertainty.  See acast.com/privacy for privacy and opt-out information.

Italian banks have felt the brunt of the market volatility that has followed the UK’s vote to leave the European Union and the government of Matteo Renzi is at loggerheads with Europe over how to rescue the troubled lenders. Patrick Jenkins asks the FT's Milan correspondent Rachel Sanderson if there's a way out of the impasse.  See acast.com/privacy for privacy and opt-out information.

The US space agency Nasa has successfully put its Juno probe into orbit around the giant planet Jupiter, following a five-year journey from Earth. John Murray Brown discusses this key development in space exploration with FT science editor Clive Cookson.  See acast.com/privacy for privacy and opt-out information.

The 1987 Montreal Protocol banned the use of industrial chemicals known as CFCs that were used in refrigeration and aerosols with the aim of preventing damage to the earth’s ozone layer. Now, thirty years later, there is scientific evidence that the ban has succeeded. Clive Cookson, the FT’s science editor, discusses the findings with environment correspondent Pilita Clark  See acast.com/privacy for privacy and opt-out information.

The north of England voted heavily against membership of the European Union in last month’s Brexit poll. Many said they had not seen the economic benefits of EU membership and felt their jobs were threatened by European migration. Economist Jim O’Neill has been central to UK efforts to boost development in the region as minister for city devolution and infrastructure. He spoke to Andrew Bounds about how business and the government should respond to the poll result.  See acast.com/privacy for privacy and opt-out information.

Israel is a world-class expert at building fences and walls, starting with its controversial, decade-old security barrier that seals off the occupied Palestinian West Bank and East Jerusalem from Israel proper. In this report, FT correspondent John Reed describes how Israel is now extending its system of high-tech barriers to enclose all of its external borders, providing a model that US presidential candidate Donald Trump famously says he wants to learn from.  See acast.com/privacy for privacy and opt-out information.

Scottish voters emphatically backed the campaign for the UK to remain in the EU and are deeply dismayed at the prospect of being force to leave. Nicola Sturgeon, Scotland's first minister, has launched a diplomatic campaign to secure Scotland's European status. Mure Dickie, FT correspondent in Edinburgh, reports.  See acast.com/privacy for privacy and opt-out information.

An exhibition at London’s British Museum this summer tells the story of Sicily, showing how successive waves of conquest and settlement from northern Europe, Africa and the Middle East shaped the Mediterranean island’s history. In collaboration with the Financial Times, the museum invited Tom Holland, historian, Ian Goldin, economist, and journalists Roula Khalaf and Daniel Trilling to discuss the exhibition and how migration continues to shape our modern-day societies. The discussion was chaired by broadcaster Zeinab Badawi  See acast.com/privacy for privacy and opt-out information.

Spain’s second election in six months has delivered a surprisingly clear victory to Mariano Rajoy, the veteran prime minister, whose conservative Popular party won 33 per cent of the vote. However, he will still need the support of coalition partners to form a government. Joshua Chaffin discusses Mr Rajoy’s options with Tobias Buck, the FT’s Madrid correspondent.  See acast.com/privacy for privacy and opt-out information.

International banks have used London as a pivot into the European single market, but are likely to lose these so-called "passporting" rights to operate in the EU once Britain is no longer a member. Patrick Jenkins discusses what impact this will have on the City of London with Martin Arnold, the FT's banking editor and Simon Gleeson, a partner at law firm Clifford Chance. Music by Kevin MacLeod.  See acast.com/privacy for privacy and opt-out information.

Britain's political parties are in disarray after last week's vote to leave the European Union, and this has been accompanied by market turmoil and a steep slide in sterling. But what is the impact of all the uncertainty on companies around the world? Matthew Vincent puts the question to the FT's Companies editor Brooke Masters.  See acast.com/privacy for privacy and opt-out information.

British expats and others from Dubai to New York voice their feelings about the EU referendum results. Visit FT.com/Brexit for more. Contributions from Patrick McGee in Frankfurt, Adam Thomson in Paris, Simeon Kerr in Dubai and Gregory Bobillot in New York. Additional clips courtesy of Reuters.  See acast.com/privacy for privacy and opt-out information.

The Tesla boss wants to create a trillion-dollar company by piecing together his different businesses to make a sustainable energy conglomerate. Ravi Mattu asks Richard Waters, the FT's West Coast editor, and Ed Crooks, the FT's US energy editor, why Wall Street is not convinced.  See acast.com/privacy for privacy and opt-out information.

In the shadows of the Lava Jato probe into graft activity at state oil company Petrobras, prosecutors in Brazil are tackling another corruption investigation that could implicate dozens of Brazilian companies in allegations of tax evasion. All of those named or charged have denied wrongdoing or, in the case of distributor MMC Automotives, have declined to comment. The FT's John Paul Rathbone talks to Samantha Pearson in Sao Paulo about the latest developments.  See acast.com/privacy for privacy and opt-out information.