UK and India Finalize Trade Deal Worth Up to £25.5 Billion Annually

The UK and India have sealed a trade agreement expected to boost bilateral commerce by as much as £25.5 billion per year. The deal, signed NEAR London, aims to provide economic resilience against global shocks and inflationary pressures. Key signatories included UK Business Secretary Jonathan Reynolds and India's Industry Minister Piyush Goyal, with Chancellor Rachel Reeves and External Affairs Minister Subrahmanyam Jaishankar witnessing the ceremony.

Prime Ministers Keir Starmer and Narendra Modi heralded the pact as transformative—promising wage growth, improved living standards, and expanded market access. Modi emphasized enhanced UK availability for Indian agricultural exports, while Starmer framed the agreement as a catalyst for price stabilization and economic revitalization.