Wednesday evening news briefing: Tax raid to pay for Covid-19

If you want to receive twice-daily briefings like this by email, sign up to the Front Page newsletter here. For two-minute audio updates, try The Briefing - on podcasts, smart speakers and WhatsApp. Capital gains tax could hit three times more people The Government's tax adviser has recommended overhauling capital gains tax with proposals that could triple the number of people hit by the duty, which research has shown could raise more than £18bn every year. The Office for Tax Simplification, an independent tax adviser, has suggested increasing tax rates, slashing personal allowances and passing bills down the generations. This has stoked fears of an impending tax squeeze on the wealthy to help pay for coronavirus. It comes as national debt topped £2trn for the first time this year, with Rishi Sunak seeking ways to plug the deficit caused by the pandemic. Read on for details. It comes as Sir Keir Starmer hammered Boris Johnson at Prime Minister's Questions, over the spiralling amounts of public money his Government has "wasted" during the pandemic. Read more on their clash. Meanwhile, the UK has become the first country in Europe to pass 50,000 Covid-19 deaths, with another 595 fatalities recorded in the last 24 hours. Earlier England's deputy chief medical officer Professor Jonathan Van-Tam said he had encouraged his 78-year-old mother to be ready to take a Covid-19 vaccine as soon as possible. Read why he said "the 'mum test' is very important" to encourage elderly relatives to be vaccinated. Donald Trump 'thinking about running again in 2024' Donald Trump has told advisers that he is thinking about running for the US presidency again in 2024 if the election is certified for Joe Biden, US media outlets have reported. First the news website Axios and then The New York Times reported that the President has floated the idea of another run with advisers even as he contests this election result. Individuals are barred from serving more than two terms as US president but the law does not stop them from serving one term, leaving office for four years, then serving another. Ben Riley-Smith analyses what Mr Trump will do now. It comes as he made his first public appearance since losing the election to mark Veterans Day. Click here to watch. 'Profoundly disrespectful' Armistice Day protest Extinction Rebellion has been condemned by the Prime Minister for a "profoundly disrespectful" protest at the Cenotaph on Armistice Day, where it declared that "climate change means war". Several protesters including a forces veteran gathered at the Cenotaph on Whitehall to lay a wreath this morning at 8am, three hours before the national two-minute silence of remembrance. Watch a video and see pictures of the demonstration. Meanwhile, several people were injured by a blast at a remembrance ceremony in the Saudi Arabian city of Jeddah. Sign up for our very special birthday offer The Telegraph website is celebrating its 26th birthday by taking down its paywall until 8am tomorrow, meaning those of you yet to sign up for a subscription can read all the content linked to in this newsletter for free. We also have a special subscriber offer for a limited time. Sign up to pay just £1 per week for your first six months. Take advantage here. At a glance: Latest coronavirus headlines Also in the news: Today's other headlines Vote Leave ally | Boris Johnson is locked in a battle with his fiancée over his new chief of staff after she attempted to "veto" the appointment, it has been reported. Mr Johnson's long-term girlfriend, Carrie Symonds, apparently objected to the promotion of Lee Cain, currently Downing Street director of communications, to chief of staff. Read on for details. Around the world: Hong Kong ousts lawmakers Hong Kong's parliament is in turmoil after 19 pro-democracy lawmakers announced they would resign in protest against a decision by Beijing to unseat four of their colleagues. The news comes just hours after China’s ruling Communist Party granted Hong Kong officials sweeping powers to remove lawmakers deemed a threat to national security. Details here. Wednesday long-read The Diana Files: A woman very much in control of her own narrative Diana, Princess Of Wales Credit:  Tim Graham Photo Library As focus turns again to the Princess of Wales’s interview with Martin Bashir, Camilla Tominey reflects on the complicated woman at the heart of the story Read the full story Comment and analysis You Are Not Alone: Getting you through lockdown Bear Grylls's lockdown diary | Sometimes a road blockage can be a good thing Survivor's story | 'I nearly died in a Covid coma - but it's the best thing that happened to me' A reason for cheer | Is November too early to put up the Christmas tree? Business and money briefing Markets surge | Goldman Sachs expects the FTSE 100 to rise 14pc by the end of 2021 as a widespread recovery and strong monetary support boost stocks. At the same time oil prices could surge next year to

Wednesday evening news briefing: Tax raid to pay for Covid-19

If you want to receive twice-daily briefings like this by email, sign up to the Front Page newsletter here. For two-minute audio updates, try The Briefing - on podcasts, smart speakers and WhatsApp.

Capital gains tax could hit three times more people

The Government's tax adviser has recommended overhauling capital gains tax with proposals that could triple the number of people hit by the duty, which research has shown could raise more than £18bn every year. The Office for Tax Simplification, an independent tax adviser, has suggested increasing tax rates, slashing personal allowances and passing bills down the generations. This has stoked fears of an impending tax squeeze on the wealthy to help pay for coronavirus. It comes as national debt topped £2trn for the first time this year, with Rishi Sunak seeking ways to plug the deficit caused by the pandemic. Read on for details.

It comes as Sir Keir Starmer hammered Boris Johnson at Prime Minister's Questions, over the spiralling amounts of public money his Government has "wasted" during the pandemic. Read more on their clash. Meanwhile, the UK has become the first country in Europe to pass 50,000 Covid-19 deaths, with another 595 fatalities recorded in the last 24 hours. Earlier England's deputy chief medical officer Professor Jonathan Van-Tam said he had encouraged his 78-year-old mother to be ready to take a Covid-19 vaccine as soon as possible. Read why he said "the 'mum test' is very important" to encourage elderly relatives to be vaccinated.

Donald Trump 'thinking about running again in 2024'

Donald Trump has told advisers that he is thinking about running for the US presidency again in 2024 if the election is certified for Joe Biden, US media outlets have reported. First the news website Axios and then The New York Times reported that the President has floated the idea of another run with advisers even as he contests this election result. Individuals are barred from serving more than two terms as US president but the law does not stop them from serving one term, leaving office for four years, then serving another. Ben Riley-Smith analyses what Mr Trump will do now. It comes as he made his first public appearance since losing the election to mark Veterans Day. Click here to watch.

'Profoundly disrespectful' Armistice Day protest

Extinction Rebellion has been condemned by the Prime Minister for a "profoundly disrespectful" protest at the Cenotaph on Armistice Day, where it declared that "climate change means war". Several protesters including a forces veteran gathered at the Cenotaph on Whitehall to lay a wreath this morning at 8am, three hours before the national two-minute silence of remembrance. Watch a video and see pictures of the demonstration. Meanwhile, several people were injured by a blast at a remembrance ceremony in the Saudi Arabian city of Jeddah.

Sign up for our very special birthday offer

The Telegraph website is celebrating its 26th birthday by taking down its paywall until 8am tomorrow, meaning those of you yet to sign up for a subscription can read all the content linked to in this newsletter for free. We also have a special subscriber offer for a limited time. Sign up to pay just £1 per week for your first six months. Take advantage here.

At a glance: Latest coronavirus headlines

Also in the news: Today's other headlines

Vote Leave ally | Boris Johnson is locked in a battle with his fiancée over his new chief of staff after she attempted to "veto" the appointment, it has been reported. Mr Johnson's long-term girlfriend, Carrie Symonds, apparently objected to the promotion of Lee Cain, currently Downing Street director of communications, to chief of staff. Read on for details.

Around the world: Hong Kong ousts lawmakers

Hong Kong's parliament is in turmoil after 19 pro-democracy lawmakers announced they would resign in protest against a decision by Beijing to unseat four of their colleagues. The news comes just hours after China’s ruling Communist Party granted Hong Kong officials sweeping powers to remove lawmakers deemed a threat to national security. Details here.

Wednesday long-read

The Diana Files: A woman very much in control of her own narrative

Diana, Princess Of Wales Credit:  Tim Graham Photo Library

As focus turns again to the Princess of Wales’s interview with Martin Bashir, Camilla Tominey reflects on the complicated woman at the heart of the story

Read the full story

Comment and analysis

You Are Not Alone: Getting you through lockdown

  1. Bear Grylls's lockdown diary | Sometimes a road blockage can be a good thing
  2. Survivor's story | 'I nearly died in a Covid coma - but it's the best thing that happened to me'
  3. A reason for cheer | Is November too early to put up the Christmas tree?

Business and money briefing

Markets surge | Goldman Sachs expects the FTSE 100 to rise 14pc by the end of 2021 as a widespread recovery and strong monetary support boost stocks. At the same time oil prices could surge next year to as high as $65 per barrel, wiping out all of 2020's losses as the global economy rebounds thanks to the Covid vaccine. Read on for details.

Sport briefing

Liverpool's defensive crisis deepens | Joe Gomez fears he has suffered a serious injury in England training that could leave Liverpool reeling further after losing defensive talisman Virgil Van Dijk. England manager Gareth Southgate is expected to confirm Gomez's injury later today, with the player and Liverpool sweating over the severity of it. Read the latest.

Tonight's TV  

How Britain Won WW2, Channel 5, 8pm | Over the course of almost three hours Buerk, with former royal marine Arthur William and historian Joshua Levine, re-examine some of the war’s pivotal moments. Read on for more.

And finally... for this evening's downtime

The War Against The BBC, review | Patrick Barman and Peter York's book, The War Against The BBC, is predictably snobbish about the Corporation's growing mass of critics. Simon Heffer analyses why it is proof the BBC in its present form is doomed.