Brussels is set to cut its growth forecasts further and boost its inflation outlook, and Sweden will jettison 200 years of military non-alignment and apply to join Nato alongside its neighbour Finland. Plus, the FT’s Owen Walker talks about Credit Suisse’s high profile new hire, Francesca McDonagh.

Mentioned in this podcast:

Europe growth and inflation outlooks worsen as energy crisis hits

Sweden and Finland to make Nato applications on ‘historic’ day for Nordics

Francesca McDonagh: banker with ‘steel in her spine’ heads to Credit Suisse

Goldman Sachs says senior staff can take as much time off as they want

The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva, and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. 

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