It's a tricky compromise but Starmer's India trade deal is a post-Brexit win
7 May 2025, 14:28 | Updated: 7 May 2025, 16:37
By Marley Morris
After three years of negotiation, the UK has clinched a significant post-Brexit win – a trade deal with India, the fifth largest economy in the world.
It is a deal that eluded the past three prime ministers, in spite of significant effort. According to government estimates, the deal could bring an annual £4.8 billion boost to UK GDP in the long run. Business and trade secretary Jonathan Reynolds has touted the deal as a “tremendous statement to the world”.
But there has been a backlash from some political figures. Part of the deal is a social security agreement, which exempts some temporary Indian workers from national insurance contributions to avoid ‘double taxation’. Reform leader Nigel Farage has © LBC
