uk economy

India-UK free trade deal gets Cabinet nod: Pact to be signed in London during PM Modi’s visit; aims to double trade to $120 bn

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India and the UK have finalized a long-awaited free trade agreement, set to be signed in London on July 24 during Prime Minister Modi’s visit. ...

Big spike: UK inflation hits 18-month high; pressure mounts on Starmer government as US tariff threat looms

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British inflation increased unexpectedly in June. It reached an 18-month high. The Consumer Prices Index rose to 3.6 percent. Motor fuel and food prices mainly ...

India-UK trade pact: Deal likely to be signed by July-end, legal scrubbing under way; commerce secretary holds talks in London

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India and the UK are on track to sign their long-awaited free trade agreement by the end of July, according to a senior government official. ...

UK interest rates: Bank of England likely to keep rates unchanged; cautious stance amid Middle East tensions

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The Bank of England is likely to maintain current interest rates. Concerns rise over the Israel-Iran conflict’s impact. This conflict could involve the United States, ...

‘Best deal India has ever offered’: India-UK trade pact seen as landmark win in UK Parliament; deal hailed for boosting GDP

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UK Business and Trade Secretary Jonathan Reynolds highlighted the Free Trade Agreement with India as a significant economic victory, potentially boosting bilateral trade by GBP ...

UK GDP shrinks 0.3% in April; Trump’s duties and tax expiry hit growth, exports to US plunge by record £2 billion

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Britain’s economy experienced a sharp 0.3% contraction in April, the largest since October 2023, primarily due to a slump in the services sector and a ...