Scottish kilts set to enter the bond market

苏格兰裙装即将登陆债券市场

FT News Briefing

2025-11-13

11 分钟
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US government shutdown nears an end as House approves funding deal, European carmakers and other industrial companies continue to face “devastating” chip shortages, and Scotland has been handed the same credit rating as the UK, in a boost to Edinburgh as it plans to launch an inaugural bond sale. Plus, an increasing number of wealthy Chinese people are trying to set up family offices and secure residency in the Gulf, rather than Singapore.  Mentioned in this podcast: US government shutdown nears an end as House approves funding deal Europe’s carmakers face ‘devastating’ chip crisis as Nexperia supply crunch continues Scotland handed same credit rating as UK ahead of debut ‘kilts’ sale Wealthy Chinese sidestep Singapore for Dubai US mints last penny after Trump killed coin Credit: Myles McCormick Today’s FT News Briefing was produced by Lulu Smyth Victoria Craig, Sonja Hutson, and Marc Filippino. Our show was mixed by Kelly Garry. Additional help from Gavin Kallmann, Michael Lello and David da Silva. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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  • Good morning from the Financial Times.

  • Today is Thursday, November 13th, and this is your FT News briefing.

  • Looks like the longest government shutdown in American history is over,

  • and kilts could soon replace gilts in Scotland.

  • You heard that right.

  • Plus, wealthy people from China are sidestepping Singapore for Dubai.

  • I'm Mark Filipino, and here's the news you need to start your day.

  • Congress agreed last night to end the U.S.

  • government shutdown.

  • The House of Representatives passed the bill to reopen the government by a 13-vote margin.

  • At the time of this recording, U.S.

  • President Donald Trump is expected to sign the bill late on Wednesday night.

  • But we may have to do this whole thing again in a couple of months.

  • The agreement by U.S.

  • lawmakers will only fund the government until the end of January.

  • As I mentioned before, this was the longest shutdown in American history at 43 days.

  • Thousands of federal workers were furloughed and welfare programs were disrupted.

  • Federal services are expected to reopen in the coming days.

  • Scotland is one step closer to issuing its first ever investment kilt.

  • Now, just to be clear,