UK Prime Minister Sir Keir Starmer and his Indian counterpart Narendra Modi finalised a trade deal between the two countries on Thursday that London believes will boost British exports to India by 60 per cent by 2040.
The agreement, first announced in May, means tariffs on more than 90 per cent of UK exports to India will be cut, with the largest reductions on cosmetics, clothes and food and drink — albeit phased in over a decade. Ministers said the deal was expected to eventually benefit the UK economy by £4.8bn a year.
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