FT News Briefing

UK childcare in crisis

Big Tech groups are ditching offices that are part of their European headquarters to cut costs and Tesla has fallen below ExxonMobil in stock market value for the first time since 2020. Plus, the FT’s Claer Barrett explains how British families are coping with the sky-high cost of childcare.  Mentioned in this podcast:<a href="https://spark.ft.com/editor/3ef0d06e-3bf2-4dd1-9b0f-39b31aad74e7" rel="noopener noreferrer" target="_blank">US tech giants ditch European offices</a><a href="https://www.ft.com/content/7d232c40-f1d9-47e5-8b52-bcbab95b71e6" rel="noopener noreferrer" target="_blank">Money Clinic Podcast: Childcare in crisis</a><a href="https://www.ft.com/content/0f051e02-da07-4d7f-a2fc-0a62b96cc790" rel="noopener noreferrer" target="_blank">Tesla share slide sends valuation below ExxonMobil</a> 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. <a href="https://www.ft.com/content/161a1a37-5635-4e6e-a0a9-21bfbd03acaa" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</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.