The EU’s competition commissioner Margrethe Vestager is stepping aside, and the UK has clawed back less than 2 per cent of losses owing to fraud and error on business grants during the Covid-19 pandemic. Plus, Ukraine is doubling down on its counteroffensive. 

Mentioned in this podcast:

Didier Reynders to take over as EU competition chief

UK government ‘slow to take action’ on Covid-19 grant losses, say MPs

Military briefing: Kyiv ignores calls for reset of its ‘sneak and peek’ tactics

Travis Kalanick’s excellent (and secret) venture

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, 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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