Late last year Unilever reached a $5 billion deal to sell part of its tea business, including brands like Lipton and PG Tips, to private equity giant CVC Capital. But the tea sector is a complicated one. With roots in colonialism, tea plantations around the world have faced many issues, including accusations of human rights abuses.  In this week’s episode, we’re hearing from one worker whose life was forever changed by violence on her plantation, and exploring how this deal represents a new challenge for PE as investors are increasing their scrutiny into the private equity industry’s ethics.    Clips courtesy of Unilever, Al Jazeera, AP - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: How Unilever’s tea business became a test of private equity’s conscience Bidders for Unilever’s tea business pulled out on plantation concerns CVC pushes back IPO plans amid market turmoil - - - - - - - - - - - - - - - - - - - - - - - - - -  Sign up here to get the Moral Money premium newsletter sent straight to your inbox every Monday, Wednesday and Friday.  On Twitter, follow Judith Evans (@JudithREvans), Kaye Wiggins (@kayewiggins) and Michela Tindera (@mtindera07)  Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The Federal Reserve announced its largest interest rate increase since 1994. And it's the equivalent of the US central bank taking a baseball bat to the economy, according to the FT’s US financial commentator Robert Armstrong.   In this week’s episode, Armstrong is helping us to make sense of the Fed’s announcement. He’ll explain what the recent hike means for the economy and for investors, and tell us whether or not we should be freaking out.  - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: Fed smash!  How fast is the US economy slowing?  Bear market to the rescue Time for strong medicine: How central banks got tough on inflation - - - - - - - - - - - - - - - - - - - - - - - - - -  Sign up here to get the Unhedged newsletter sent straight to your inbox every weekday.  On Twitter, follow Robert Armstrong (@rbrtrmstrng) Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.