Ewan Healy, a corporate debt reporter at the FT, explores the mounting financial strain on Ineos, the major player in the chemicals sector, discussing its enormous debt and pressures from cheap imports and high energy costs. Meanwhile, Sonia Hudson, an FT reporter focusing on immigration and local issues, previews her new Bethlehem Project series, highlighting a local immigration raid's divisive impact on the community and the broader implications for US politics. Together, they tackle pressing economic and social challenges.