FT News Briefing

Private credit’s woes continue

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Private credit is under strain as troubled loans swell, JPMorgan boss Jamie Dimon warned Britain’s chancellor against higher bank taxes, and the cost of shipping through many global maritime chokepoints are hitting record highs.

Plus, the US is sitting on a mountain of debt – can anyone fix it?  Mentioned in this podcast: Private credit under strain as troubled loans swell Jamie Dimon warns UK chancellor against higher bank taxes War and climate change drive surge in cost of shipping through global chokepoints US sells 30-year bonds at highest borrowing costs since 2001 How Ralph Lauren won the workwear wars as America returned to the office The mother of all professional wardrobes  Style war: inside Wall Street’s battle to revive J Crew   Want to get in touch?

Email us at podcasts@ft.com Note: The FT does not use generative AI to voice its podcasts  The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, and Katya Kumkova.

Our show is mixed by Sam Giovinco and Alex Higgins.

Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva.

Our executive producer is Topher Forhecz.

Flo Phillips is the FT’s global head of audio.

The show’s theme music is by Metaphor Music.  Read a transcript of this episode on FT.com Hosted on Acast.

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