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trade deals

  • UK-India trade deal reportedly 90 per cent agreed, businesses told

    April 10, 2025

    The UK’s trade deal with India is reportedly 90 per cent agreed, businesses have been told, according to a report in the Guardian. Firms were informed on a call with trade negotiators this week that some remaining issues included cars, pharmaceutical drugs and the whisky trade, the newspaper reported, with India currently the largest overseas [...]

  • IFS boss: We’re screwed with or without trade deals 

    April 7, 2025

    The director of the Institute for Fiscal Studies (IFS) has suggested the UK could be heading for a recession as a trade deal may not be enough to revive crumbling markets or prevent a slump in economic growth.  Paul Johnson, who is set to leave the leading economics think tank in the summer, told Times [...]

  • Starmer and Trump to continue trade talks ‘at pace’

    March 31, 2025

    Sir Keir Starmer and Donald Trump discussed “productive negotiations” to advance a UK-US trade deal and agreed they will “continue at pace” in a phone call on Sunday night, Downing Street has said. The UK is trying to negotiate an exemption from tariffs on imports into the US. Negotiations are said to be intense, with moves [...]

  • Jonathan Reynolds relaunches trade deal talks with India 

    February 24, 2025

    The UK has relaunched talks on a free trade deal with India, with Jonathan Reynolds in New Delhi to resume negotiations. The business and trade secretary begins refreshed discussions with his Indian counterpart commerce minister Piyush Goyal in the South Asian capital today (Monday, February 24), marking a new phase of negotiations between the world’s [...]

  • Brexit, Trump tariffs and China set to weigh on UK trade

    January 13, 2025

    UK trade will only grow by 0.7 per cent annually between 2023 and 2033, according to new projections from Boston Consulting Group (BCG).

  • UK becomes first European nation to join CPTPP trade bloc

    December 14, 2024

    Britain will become a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Sunday.

  • UK to relaunch trade talks with India and form new Japan partnership

    November 19, 2024

    The UK is set to relaunch trade talks with India and form a new economic partnership with Japan, Downing Street has announced. It was confirmed that trade discussions with India will reopen at the start of next year, following a bilateral meeting between Sir Keir Starmer and Indian leader Narendra Modi at the G20 summit [...]

  • Ex-Bank top economist Haldane says UK can strike Trump trade deal and boost EU ties

    November 12, 2024

    The Bank of England’s ex-chief economist has said Keir Starmer can simultaneously strike a trade deal with Donald Trump and rebuild relations with the EU to show the UK is "open for business".

  • ‘Open for business’: Ministers head to Gulf states in bid to boost UK trade links

    September 16, 2024

    Senior ministers are heading to the Gulf states for talks on boosting the UK’s economy via expanding trade links with the region and attracting international investment.  Business secretary Jonathan Reynolds and trade minister Douglas Alexander are flying to Riyadh, Saudi Arabia, on their first joint international visit since the election, with Alexander then set to [...]

  • UK-EU trade has ‘flatlined’ but hopes for ‘reset’, MPs told

    September 6, 2024

    UK trade with the European Union (EU) has “essentially flatlined”, MPs were told, but the new government hopes to “reset our relationship” with the neighbouring bloc. Business minister Douglas Alexander told the House of Commons: “Overall trade since 2018 has essentially flatlined. “As a government, we’re determined to reset our relationship with the EU more [...]

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