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The Financial Times leads on the review of capital gains tax, commissioned by Chancellor Rishi Sunak, which it says has recommended “slashing the annual allowance”. The paper says the move “could raise billions of pounds” as the chancellor looks to fill the “fiscal hole” left by the coronavirus crisis.

Financial Times Front Page 22nd of April 2025

China has cautioned that it will respond forcefully against any government deepening ties with the US, insisting its own strategic interests must be safeguarded and hinting at countermeasures should isolationist policies prevail, while the PM stays firmly set on cooperation with Western partners.

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