FT News Briefing12 Aug 2021

The debt-laden UK high street

Read a transcript of this episode on FT.com

https://www.ft.com/content/baa5d27d-d16c-4f47-9902-abb72f02429d

A top Federal Reserve official told the FT that the central bank could dial back its ultra-accommodative monetary stimulus as early as this year, and the White House has called on Opec to boost oil production in an effort to curb high petrol prices. Plus, the FT’s property correspondent, George Hammond, discusses the complicated dilemma of unpaid rent that faces businesses, their landlords, lenders and the UK government.

Federal Reserve’s Daly says tapering could start as soon as this year

https://www.ft.com/content/e3320366-02f1-453e-ae42-e4af66a17eb0

White House calls on Opec to boost production to contain fuel prices, with Washington correspondent, Lauren Fedor

https://www.ft.com/content/a8a631cf-de43-47e8-8cc4-99732c39c4da

Unpaid rent: the £6.4bn question facing the UK high street, with property correspondent George Hammond

https://www.ft.com/content/ef6c975b-91f4-4328-8466-70b686f7309d

Burger chain Wendy’s to expand into ‘dark kitchens’ after raising forecasts

https://www.ft.com/content/31240e24-32e2-411f-8976-2127d16568c8

The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Our intern is Zoe Han. Additional help by Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.

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