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UK and Gulf strike historic multi-billion-pound trade deal

BBC News

UK agrees 3.7bn trade deal with six Gulf states

Guardian

UK strikes £3.7bn trade deal with six Gulf states

The Times

Landmark Gulf trade deal ‘will boost growth by £3.7bn’

Keir_Starmer

Trade Justice Movement

Uk Trade Deal With Gulf Turns A Blind Eye To Human Rights Abuses Say Campaigners

SAlwadaei

DCBMEP

UK-Gulf Cooperation Council (GCC) trade deal: conclusion summary

GB News

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Ben Riley-Smith

Goldman Sachs

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Robert Colvile

UK Trade & Business Commission

Sharon Graham

Office for Budget Responsibility

"Today's #GDP growth figures are still a long way from @Keir_Starmer's target of 2.5% and it is far from clear that we are heading in the right direction."

"Labour are promising to be the fastest-growing country in the G7. And our growth forecast is 2% or less every single year of this parliament? Yeah, good luck with that."

"The economy is expected to grow by just over 1 per cent this year, rising to 2 per cent in 2025."

Research shows that "deep alignment with the EU on goods and services will deliver 2.2% economic growth to the UK."

"Closer ties with the EU could deliver growth of up to 2.2%. Clawing back up to half the damage caused by Brexit."

Will the UK Economy Grow By 2% GDP In a Year Under Labour?

The UK concluded a free trade agreement with the Gulf Cooperation Council (GCC) on May 20, 2026, becoming the first G7 nation to strike such a deal with the bloc, which includes Saudi Arabia, the UAE, Qatar, Kuwait, Bahrain and Oman.

The UK concluded a free trade agreement with the Gulf Cooperation Council (GCC) on May 20, 2026, becoming the first G7 nation to strike such a deal with the bloc, which includes Saudi Arabia, the UAE, Qatar, Kuwait, Bahrain and Oman.

The deal is projected to add £3.7 billion annually to the UK economy in the long run compared to 2040 projections and raise real wages by £1.9 billion a year, while bilateral trade between the UK and GCC could increase by 19.8%.

The deal is projected to add £3.7 billion annually to the UK economy in the long run compared to 2040 projections and raise real wages by £1.9 billion a year, while bilateral trade between the UK and GCC could increase by 19.8%.

Tariffs worth an estimated £580 million a year will be removed on around 93% of UK goods exported to the GCC once fully implemented, with £360 million in duties scrapped from day one the agreement enters into force.

Telegraph

Tariffs worth an estimated £580 million a year will be removed on around 93% of UK goods exported to the GCC once fully implemented, with £360 million in duties scrapped from day one the agreement enters into force.

UK food and drink exports stand to benefit significantly, with tariffs on cheddar cheese eliminated immediately and duties of up to 15% on chocolate and biscuits also removed, as the GCC imports more than 80% of its food.

UK food and drink exports stand to benefit significantly, with tariffs on cheddar cheese eliminated immediately and duties of up to 15% on chocolate and biscuits also removed, as the GCC imports more than 80% of its food.

The deal allows UK firms to store and process data outside the Gulf region for the first time and includes the most ambitious mobility commitments the GCC has granted any trading partner, easing visa access for British professionals.

The deal allows UK firms to store and process data outside the Gulf region for the first time and includes the most ambitious mobility commitments the GCC has granted any trading partner, easing visa access for British professionals.

Rights groups including the Trade Justice Movement criticized the agreement for lacking a human rights chapter, citing concerns over labor protections and press freedom, while the National Farmers' Union called it the best agricultural deal since Brexit.

Rights groups including the Trade Justice Movement criticized the agreement for lacking a human rights chapter, citing concerns over labor protections and press freedom, while the National Farmers' Union called it the best agricultural deal since Brexit.

UK Seals Historic Free Trade Deal With Gulf States

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