Is Brexit a Good Time to Get Business Investment Going Again?

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UK economy will not grow at all between 2019 and 2025, according to the Bank of England. The Eurozone is expected to grow by about 7% over that period - much better than the UK. Kathy Wood runs Arc Investment Management; investors have lost $10 billion in cash since her fund was founded. partnering with Bank of America could be your smartest move.

EY employees were told that the plan to spin off the consulting business needs to be reworked, and Chinese president Xi Jinping is preparing to shore up financial stability at home while trying to keep up in an intense rivalry with the US over technology. Plus the FT’s Chris Giles explains just how bad a state the British economy is in.

Mentioned in this podcast:

EY split paused amid partner infighting over fate of tax experts

What does Xi Jinping’s tighter regulatory grip on China mean for business?

Cathie Wood’s flagship Ark fund tops $300mn in fees despite losses

The UK economy has a London problem — but it’s not what you think

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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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