Starmer to sign major ยฃ4.8bn a year trade deal with India’s Modi today | Politics | News


Britain and India will agree a massive ยฃ4.8 billion-a year trade deal on Thursday in a major boost for Brexit. The landmark agreement includes a huge cut in tariffs on British goods sold in India while UK consumers will enjoy lower prices for products such as clothes, footwear and food.

Sir Keir Starmer said it marked “a new era for trade and the economy”. The Prime Minister sparked outrage earlier this year when it emerged that, under the deal, some Indian workers in the UK will no longer have to pay National Insurance, with the payments sent to an Indian pension fund instead.

He will cement the new agreement with his Indian counterpart Narendra Modi who is in the UK on a state-visit. But the Tories said the deal was only made possible by Britain leaving the EU.

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