UK-India Trade Deal: Boon or Bane? Concerns Over Immigration and Wage Suppression
UK and India have reached a 90% agreement on a free trade deal, with remaining issues focusing on whisky, cars, and pharmaceuticals. Negotiations on worker visa mobility have largely concluded. This deal could significantly reduce tariffs on key UK exports, boosting sectors impacted by US tariffs. Parallel negotiations for a bilateral investment treaty are also progressing positively, driven by the UK’s financial services sector’s interests.