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The front of the Financial Times features Bank of England governor Andrew Bailey warning interest rates will stay high until inflation is “back to target”. The paper reflects on Thursday’s move by the Bank which increased the base rate for the 14th time in a row, to 5.2% – which the FT spells out as “more pain for homeowners”.

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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