Evolution of the Conservative party, upcoming election dynamics, and financial solutions ads

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Exploring the radical transformation of the Conservative party over the years, focusing on recent election tactics and the impact of tax debates on the upcoming election. The episode also delves into the challenges faced by Rishi Sunak in narrowing the gap with the Labour party in the polls, with ads from Coriant and Bank of America included.

Nvidia’s market value briefly rose past $3tn to overtake Apple as the world’s second-most valuable company, South Africa’s African National Congress party is considering the formation of a national unity government with rival parties, and UK Prime Minister Rishi Sunak was accused on Wednesday by Sir Keir Starmer of “resorting to lies” over Labour’s tax plans. Plus, a US appeals court has tossed out new rules that would have forced private equity and hedge funds to be more transparent.

Mentioned in this podcast:

Nvidia’s market value powers past $3tn in AI-fuelled rally

Keir Starmer accuses Rishi Sunak of ‘lying’ over Labour £2,000 tax claim

ANC considers national unity government in South Africa

New SEC rules on private funds thrown out by US appeals court

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. 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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