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Britain is braced for its biggest strikes in 11 years. The EU will unveil a plan to compete with Washington's clean energy subsidies. And what ever happened to all those meme stock companies like GameStop? There was a lesson for them to take from this.

Hundreds of thousands of UK public sector workers set to walk out on Wednesday in co-ordinated action, the EU is set to unveil a draft plan today that loosens the rules around clean energy subsidies. Plus, the FT’s US markets editor Jennifer Hughes looked at how meme-stock companies are performing after raising capital during the pandemic meme stock frenzy.

Mentioned in this podcast:

EU plans to relax curbs on tax credits in response to ‘toxic’ US subsidies

Meme-stock groups have raised $5bn in 2 years since trading frenzy

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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

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