FT News Briefing

Key aide to Boris Johnson quits, ECB set to expand help, TikTok deadline, Turkish lira

Boris Johnson’s director of communications resigned on Wednesday night following a bitter Downing Street power struggle, the European Central Bank will keep financing costs exceptionally favourable in the eurozone until the economy recovers from the pandemic, and TikTok wrestles with its US divestment deadline. Plus, the FT’s Laura Pitel explains how Turkey hopes to boost its economy despite an overhaul of the country’s economic management.  Key Johnson aide quits in Downing St power struggle<a href="https://www.ft.com/content/2c431395-021b-471d-878c-3ab342304745" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/2c431395-021b-471d-878c-3ab342304745</a> ECB set to expand bond-buying and cheap loans, Lagarde signals<a href="https://www.ft.com/content/3fc692fe-a79d-447f-9dec-42c171dc9a53?" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/3fc692fe-a79d-447f-9dec-42c171dc9a53?</a> TikTok challenges Trump order ahead of US divestment deadline<a href="https://www.ft.com/content/218bccaf-6b74-475c-a374-9a0a89ca3d29" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/218bccaf-6b74-475c-a374-9a0a89ca3d29</a> Turkey’s Erdogan vows to win ‘trust’ of investors after lira plunge<a href="https://www.ft.com/content/fc0be85d-eba8-4172-9d38-d8b6f5fa0e8e" rel="noopener noreferrer" target="_blank">https://www.ft.com/content/fc0be85d-eba8-4172-9d38-d8b6f5fa0e8e</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

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. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.