FT News Briefing

Nigeria gambles with economic shock therapy

The UK Labour government will present its plans for the upcoming year in the King’s Speech, and Morgan Stanley experienced a slowdown in growth despite a 40 per cent profit increase. Plus, the FT’s Aanu Adeoye explains the Nigerian president’s plans to revive the country’s economy. Mentioned in this podcast:<a href="https://on.ft.com/3LrSPhh" rel="noopener noreferrer" target="_blank">Starmer plans to introduce AI bill in King’s Speech</a><a href="https://on.ft.com/4d7aWFb" rel="noopener noreferrer" target="_blank">Will shock therapy revive Nigeria’s economy — or sink it further?</a>  <a href="https://on.ft.com/4cIioGW" rel="noopener noreferrer" target="_blank">Morgan Stanley’s wealth business stumbles even as profits jump</a>  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. <a href="https://www.ft.com/content/927916a7-d5c3-49ea-a1ca-f8abe8d813b2" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.