UK chancellor Jeremy Hunt is set to unveil a massive package of tax rises and spending cuts, crypto broker Genesis Trading suspended withdrawals, and Iraq is reeling from a massive corruption scandal.

Mentioned in this podcast:

Crypto broker Genesis Trading halts withdrawals at lending unit

Hunt prepares bid to repair Britain’s tarnished economic reputation

Iraq reels from $2.5bn tax ‘heist of the century’

FT Crossword app

The 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. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com


View our accessibility guide.

Copyright The Financial Times Limited 2024. All rights reserved.
Reuse this content (opens in new window) CommentsJump to comments section

Follow the topics in this audio

Comments

Comments have not been enabled for this article.