Good morning from The Financial Times.
Today is Wednesday, December 3rd, and this is your FT News Briefing.
The British political landscape might be looking very different soon,
and open AI could be losing its lead over its rivals.
Plus, China's biopharmaceutical sector is rapidly expanding.
I think the next big question is whether or not some of these Chinese biotechs can actually strike out on their own and become the Pfizer's,
become the Eli Lilly's, become the AstraZeneca's of tomorrow.
I'm Mark Filipino and here's the news you need to start your day.
Nigel Farage has told donors he expects a deal or merger between his Reform UK party and the Conservatives ahead of the next general election.
That's according to donors who spoke to the FT.
It suggests that Farage doesn't think he can win an election alone.
The next general, by the way, will be held by 2029.
The right-wing populist party has surged lately.
It's currently leading in the polls at about 30%.
Meanwhile, the Tories are hanging out at about 17%.
But talks about a deal shows the challenges in turning political momentum into actual power.
A split vote on the right could allow left-leaning voters to combine forces and keep reform out of office.
Frage, however, told the FT that a deal with the conservatives,
as they are, would quote, cost us votes.
The artificial intelligence chatbot race is really heating up.