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2 janv.

Swamp Notes: Is the US economy really K-shaped?

Imagine a graph with one line going up over time. Below it, another line does just the opposite. It kind of looks like the letter K. On the FT's Swamp Notes podcast, Claire Jones and Rob Armstrong break down why people are saying that letter represents the state of the economy and what it means for the White House. Mentioned in this podcast: Does the K-shaped economy theory even make sense? Email Marc with your questions (Marc.Filippino@FT.com) Sign up for the FT’s Swamp Notes newsletter here This is a repeat of an episode published on Swamp Notes, a sister podcast of Political Fix, on Nov. 28, 2025. Follow the Swamp Notes podcast to hear more. Swamp Notes is hosted by Marc Filippino, and produced by Henry Larson. This week’s show was mixed by Sam Giovinco. The FT’s acting co- head of audio is Topher Forhecz. Special thanks to Pierre Nicholson. The FT does not use generative AI to voice its podcasts. CREDIT: Bloomberg, PBS, CNN Hosted on Acast. See acast.com/privacy for more information.
13 mai

AI Labs: Google DeepMind plans its comeback

In the latest AI boom Google has been playing catch-up with the likes of OpenAI and Anthropic. But with stacks of cash, its own AI chips and some of the best AI talent in the world, is Google about to make a comeback? Murad Ahmed speaks to the FT’s AI editor Madhumita Murgia and Stephen Morris, the FT’s bureau chief in San Francisco. FT articles free to read: DeepMind chief Demis Hassabis warns AI investment looks ‘bubble-like’ DeepMind slows down research releases to keep competitive edge in AI race Google staff urge chief executive to block US military AI use Tech Tonic is hosted by Murad Ahmed and produced by Edwin Lane. The executive producer is Topher Forhecz. Sound design by Breen Turner and Sam Giovinco. The FT’s global head of audio is Cheryl Brumley. Tell us what you think of Tech Tonic! Complete this short survey and you’ll get the chance to win a pair of Bose QuietComfort wireless headphones. Prize draw winners’ surnames and regions may be made available upon request, as required by the Advertising Standards Authority. If you do not want your information to be made available, please email Privacy.Officer@ft.com upon entry. For more information on your rights and how we use your data, please read our Privacy Policy. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
-4 j

Reform in hot water … again

Reform’s conference in Birmingham was soured by a Channel 4 News broadcast showing the party's leader Nigel Farage and some of his closest allies in conversations with a man purporting to arrange illicit political donations. Farage says the party has ‘broken no law’ but Reform has launched its own investigation and two top advisors have stepped down. Host Lucy Fisher hears from the FT’s acting executive news editor David Sheppard, who was at the Reform conference. Plus, political editor George Parker and economics editor Sam Fleming talk to Lucy about their exclusive interview with John Healey – and what the new Labour chancellor has planned for the country. Follow Lucy @LOS_Fisher; George @GeorgeWParker and @georgewparker.bsky.social; Sam @Sam1Fleming; David @OilSheppard Want more? John Healey puts Britain on notice for tough Budget in ‘more dangerous world’ What are the latest claims against Nigel Farage? Top Reform UK advisors to step down after donor sting Latest allegations make Reform look ridiculous Nigel Farage and Reform UK hit by illicit-funding sting The five financing scandals facing Reform James Orr and the gospel of the British right Sign up here for Stephen Bush’s morning newsletter ‘Inside Politics’ for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek views. Get 30 days free. Political Fix was presented by Lucy Fisher and produced by Persis Love. The executive producer is Manuela Saragosa. Original music and sound engineering by Breen Turner. Flo Phillips is the FT’s head of audio. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
29 août

Kevin Warsh spoke — what did we learn? With Torsten Slok

Federal Reserve chair Kevin Warsh took to the stage at Jackson Hole under pressure. Inflation is sticky, bond markets have been wobbling and his insistence on minimal Fed communication has been seen by some to make matters worse. Soumaya speaks to Torsten Slok, chief economist at Apollo Global Management, to discuss what Warsh did (and didn’t say), the changing relationship between the Fed and the Treasury and how the central bank should fight America’s growing fiscal issues. Subscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen. Join Soumaya Keynes on Saturday September 5 at Kenwood House Gardens in London, or online as the FT Weekend paper comes to life. Register now at ft.com/festival and enjoy 10% off with code FTPODCAST. Further reading: Hawkish Kevin Warsh hints Fed will raise rates if inflation does not fall soon Warsh settles some nerves at Jackson Hole Scott Bessent’s bond intervention puts US Treasury on collision course with Fed Presented by Soumaya Keynes. Produced by Mischa Frankl-Duval. Original music and sound design by Breen Turner. Manuela Saragosa is the executive producer. Flo Phillips is the FT’s head of audio. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
7 août

Will Farage’s gamble pay off?

Political Fix hit the Essex seaside this week to hear directly from Clacton voters ahead of the by-election next Thursday, which Nigel Farage has triggered in the wake of scrutiny of his finances. He’s framing it as a “people versus the establishment” contest – but what do local residents think? Why, at a time when his national ratings have plunged, does the Reform leader’s popularity in Clacton appear undiminished? Host Lucy Fisher is joined by political correspondent Anna Gross and UK chief political commentator Robert Shrimsley to discuss the contest and Reform’s broader fortunes. Plus, the trio examine Kemi Badenoch's judgement in supporting the council candidacy of a former neo-Nazi, as well as the Tories’ and Labour’s efforts to convince business of their respective growth credentials. Follow: Lucy @LOS_Fisher or @lucyfisher.ft.com; Anna, @AnnaSophieGross and Robert: Want more? ‘I’ll support him all the way’: Clacton voters rally to Nigel Farage despite heightened scrutiny The good, the bad and the green of Badenoch Reform repaid Tice loan on same day £1mn donated by mother of Farage aide Cottrell Reform UK promises large-scale ‘military operation’ to block small boat crossings Kemi Badenoch ‘sad’ over former antisemite’s withdrawal as Tory council candidate Conservatives rebuild relations with UK business after rocky two years UK to strip back procurement rules to focus on job creation, says Louise Haigh You can also sign up here for Stephen Bush’s morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek views. Get 30 days free. Political Fix was presented by Lucy Fisher and produced by Persis Love and Clare Williamson. Manuela Saragosa is the executive producer. Original music and sound engineering by Breen Turner. The broadcast engineers are Andrew Georgiades and Petros Gioumpasis. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
6 août

The Economics Show: China wanted western tech. Now, the tables have turned.

Today, we're bringing you an episode from another podcast in the FT stable: The Economics Show with Soumaya Keynes For decades, China accelerated its industrial development through a straightforward bargain: foreign firms invested in China, often through joint ventures, gaining access to the enormous Chinese market, while Chinese companies absorbed western tech and knowhow. Today, that dynamic is changing. China's high-tech industries are now world-leading, and western governments are looking on enviously. So should the US and EU now take a page from China's playbook? Host Soumaya Keynes speaks to John Minnich, assistant professor of international relations at LSE, about the history of Chinese tech transfer, how it drove industrial sophistication and whether the west could — or should — attempt something similar. Listen to more from The Economics Show: podfollow.com/economics-show Further Reading How China pulled off a great tech reversal EU to include UK and Japan in ‘Made in Europe’ plans John Minnich: Divide and Conquer: Industry Market Structure, Inter-Firm Rivalry, and Bargaining over Technology Presented by Soumaya Keynes. Produced by Mischa Frankl-Duval. Original music and sound design by Breen Turner. Manuela Saragosa is the executive producer. Flo Phillips is the FT’s head of audio. Hosted on Acast. See acast.com/privacy for more information.
12 août

How a stock market crash gave birth to modern antisemitism

The 1873 Gründerkrach, the spectacular stock market crash that followed Germany’s unification, is one of history’s great financial maelstroms. But its most enduring legacy isn’t about money. Host Robin Wigglesworth speaks to Pulitzer Prize-winning author Liaquat Ahamed about how the resulting economic malaise fuelled social division and transformed old prejudices into antisemitic conspiracy. It gave birth to ideas that would resurface with catastrophic consequences decades later in the 20th century. Further reading: 1873: The Rothschilds, the First Great Depression, and the Making of the Modern World (2026), by Liaquat Ahamed Gold and Iron: Bismarck, Bleichröder, and the Building of the German Empire (1977), by Fritz Stern Credits: Getty Images, Alamy Love listening to The Story of Money? Join Robin and Gillian on Saturday September 5 at Kenwood House Gardens in London, or online as the FT Weekend paper comes to life. Register now at ft.com/festival and enjoy 10% off with code FTPodcast. To enjoy future episodes, be sure to subscribe to The Story of Money wherever you get your podcasts, also on the show's dedicated YouTube channel here: https://www.youtube.com/@FTTheStoryOfMoney Hosts: Gillian Tett and Robin Wigglesworth Senior producers: Michela Tindera and Laurence Knight Executive producer: Manuela Saragosa Original music and sound design: Breen Turner Broadcast engineers: Bianca Wakeman and Petros Gioumpasis Podcast development: Laura Clarke FT global head of audio: Flo Phillips Video editors: Josh Divney and Kristen Kenyon at Podcast Discovery Learn more at www.ft.com/tsom or get in touch at thestoryofmoney@ft.com Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
6 mai

AI Labs: Are Anthropic really the good guys?

Anthropic CEO Dario Amodei wants his AI lab to be a more safety conscious alternative to OpenAI. But Anthropic’s business selling AI to enterprises is booming, and it’s rolling out increasingly powerful models - the latest is claimed to be so dangerous it can’t be released to the public. So can Anthropic win the battle of the AI labs and still claim to be the good guys of AI? Murad Ahmed speaks to Cristina Criddle, FT reporter in San Francisco covering AI, and John Thornhill, the FT’s innovation editor. FT articles free to read: Anthropic’s Mythos AI model tests limits of global cyber defences Anthropic chief Dario Amodei: ‘I don’t want AI turned on our own people’ Anthropic’s breakout moment: how Claude won business and shook markets Tech Tonic is hosted by Murad Ahmed and produced by Edwin Lane. Sound design by Breen Turner and Sam Giovinco. The FT’s global head of audio is Cheryl Brumley. Tell us what you think of Tech Tonic! Complete this short survey and you’ll get the chance to win a pair of Bose QuietComfort wireless headphones. Read a transcript of this episode on FT.com Prize Draw winners’ surnames and regions may be made available upon request, as required by the Advertising Standards Authority. If you do not want your information to be made available, please email Privacy.Officer@ft.com upon entry. For more information on your rights and how we use your data, please read our Privacy Policy. Hosted on Acast. See acast.com/privacy for more information.
26 juin

How to win at AI (if you’re not the US or China), with AI minister Kanishka Narayan

When the US government banned a top AI lab from exporting its newest models, the world took notice. Export controls forbidding foreign access to Anthropic’s Mythos and Fable systems locked most of the world out of using this cutting-edge technology. As AI becomes more embedded in our daily lives, countries want to secure access to frontier models. But unless you’re the US or China, your country doesn’t have a top-tier national champion. So what can other countries do to secure sovereign control over AI? What kind of leverage can they exert? And can they use AI to boost – rather than break – their economies? Soumaya speaks to UK AI minister Kanishka Narayan to discuss. Subscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen. Further Reading How the DeepMind mafia brought the AI boom to London UK companies ‘should be worried’ about Anthropic’s latest AI model, minister says Did Anthropic talk its way into an AI export ban? Anthropic chief tells G7 leaders to ‘resist the temptation to splinter’ over AI Presented by Soumaya Keynes. Produced by Mischa Frankl-Duval. Manuela Saragosa is the executive producer. Sound design by Sean McGarrity. Original music by Breen Turner. Broadcast engineering by Andrew Georgiades. Flo Phillips is the FT’s head of audio. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
12 juin

Brexit at 10: What comes next? With Anand Menon

Just before the UK voted to leave the EU in June 2016, the Treasury (and others) warned the consequences would be catastrophic. GDP would fall and unemployment would rise, Sterling would dip and government borrowing would climb. The shock of Brexit would plunge the UK into a recession. Ten years later, it’s clear some of those predictions were wide of the mark. But Brexit has made the UK’s economy smaller. As would-be Labour leaders Wes Streeting and Andy Burnham openly discuss the case for rejoining the EU, Soumaya asks Anand Menon, head of the UK in a Changing Europe think-tank, what the UK’s relationship with the EU should look like. They discuss the UK’s surprising areas of economic outperformance, why Labour’s “red lines” are hampering its trade ambitions and what the EU would demand if the UK moved to rejoin. Further reading: Andy Burnham plays down rejoining EU after Wes Streeting advocates Brexit reversal Ten years on, what’s next for Brexit? You asked, we answered Britain re-entering the EU ‘an inevitability’, says Treasury minister Subscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen. Presented by Soumaya Keynes. Produced by Mischa Frankl-Duval. Original music and sound design by Breen Turner. Manuela Saragosa is the executive producer. Flo Phillips is the FT’s head of audio. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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