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Business4 hr ago

India-UK Trade Deal Brings Stability for Business, Says City of London Official

By TrendingWire Newsroom

The India-United Kingdom free trade agreement (FTA) came into effect on July 15, 2026. According to Chris Hayward, Policy Chairman of the City of London Corporation, the deal is already creating predictability for businesses in both countries. In a recent interview, Hayward highlighted that the agreement covers key sectors including manufacturing, infrastructure, and financial services. He noted that this clarity helps companies plan their investments and operations more confidently. The City of London Corporation oversees the UK's main financial district. Hayward also addressed how investors can adapt to changes in UK political leadership, stressing that the trade deal provides a stable framework regardless of government transitions. The FTA is expected to boost trade and economic ties between India and the UK, offering new opportunities for businesses on both sides. Hayward emphasized that the agreement ensures consistent rules and reduces uncertainties, making it easier for firms to collaborate across borders. This development marks a significant step in bilateral economic relations, as both nations work to strengthen their partnership. Businesses are now looking ahead to the long-term benefits of the deal, which aims to increase market access and streamline regulatory processes.

Sources: The Hindu
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