Faisal Islam: UK-India deal secured as Trump tariffs everywhere
The UK has secured its biggest post-Brexit deal at a tense time for global trade.
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Starmer beats Trump to the line in race for trade deal with India
India has made concessions in trade negotiations, leaving UK heralding deal as ‘most significant’ since Brexit
It is not exactly the deepest and most comprehensive trade deal the UK has ever entered, but the timing of the announcement that Keir Starmer has clinched a free trade deal with India could not be more fortunate.
Over the weekend, the US president, Donald Trump, hinted he was on the verge of announcing his first trade deal, prompting speculation it could be with Japan, South Korea or India.
Taiwanese troubles; Formosa bonds and US interest rate volatility
Clickbait, Alphaville-style
UK and India agree landmark trade deal
The deal will give better access for UK whisky and cars to the Indian market.
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UK services sector shrinks for first time in 17 months amid Trump tariff fears
Smaller companies say costs of Rachel Reeves tax rises led to them laying off more workers in April
A 17-month period of expansion in the UK’s services sector came to an abrupt end in April as uncertainty created by Donald Trump’s tariff war hit new orders and exports.
A poll of purchasing managers in services businesses showed that the US president’s tariff campaign had sent a chill through the sector, which accounts for about three-quarters of the UK economy, hitting business confidence about the prospects for the years ahead.