The UK government says its new trade deal with the European Union could boost the British economy by as much as £90 billion by 2040.
Treasury Minister Darren Jones revealed this figure during an interview with Sophy Ridge, explaining it represents the total growth expected over 25 years, averaging about £9 billion in extra economic output annually.
This estimate far exceeds earlier projections, including those from Labour leader Sir Keir Starmer, who previously suggested a more modest £9 billion increase overall. The government presents the deal as a major breakthrough that will ease trade barriers and help British businesses regain access to European markets disrupted by Brexit.
Prime Minister hailed the agreement as a sign that “Britain is back on the world stage.” The deal promises smoother exports and renewed cooperation with the EU, a vital trading partner.
However, the deal has not gone without criticism. Key concerns focus on the extension of EU fishing rights in British waters for 12 more years—a move that has sparked backlash from Conservative and Reform party members alike. Many view this as a significant concession that undermines the UK’s control over its own fisheries.
Opposition voices warn that the deal risks dragging the UK back under Brussels’ influence. Shadow Business Secretary Andrew Griffith argued it forces Britain into a “rule-taker” role, having to accept EU regulations without influence, while also conceding on fishing—a deeply sensitive issue for coastal communities.
The government faces a delicate balancing act: securing economic benefits from closer ties with Europe while managing political fallout over sovereignty and regulatory independence. As trade talks evolve, the real test will be whether the deal delivers the promised growth and reassures sectors that feel left behind.
In Malaysia, rivers are under threat from invasive fish species that have spread widely, harming native wildlife and local ecosystems.
China has openly supported Denmark’s sovereignty over Greenland following renewed interest from US President Donald Trump in acquiring the autonomous Danish territory.
The US State Department has announced visa bans on owners, executives, and senior officials of India-based travel agencies accused of helping people enter the United States illegally.
U.S. President Donald Trump said Russia and Ukraine will “immediately” begin negotiations to reach a ceasefire and end the war.
Rescuers in Indonesia have had to stop searching for 14 gold miners missing after a landslide killed six people at a remote mine in Papua province.
In Malaysia, rivers are under threat from invasive fish species that have spread widely, harming native wildlife and local ecosystems.
China has openly supported Denmark’s sovereignty over Greenland following renewed interest from US President Donald Trump in acquiring the autonomous Danish territory.
The US State Department has announced visa bans on owners, executives, and senior officials of India-based travel agencies accused of helping people enter the United States illegally.
U.S. President Donald Trump said Russia and Ukraine will “immediately” begin negotiations to reach a ceasefire and end the war.
Rescuers in Indonesia have had to stop searching for 14 gold miners missing after a landslide killed six people at a remote mine in Papua province.
Ukrainian President Volodymyr Zelenskyy met Turkish President Recep Tayyip Erdogan in Ankara on May 15, with discussions reportedly focusing on upcoming peace talks between Ukrainian and Russian delegates in Istanbul.
Israeli Prime Minister Benjamin Netanyahu said the war in Gaza will not stop until Hamas is destroyed, following the release of US-Israeli soldier Edan Alexander.
Qatar signed a landmark agreement with U.S. aerospace giant Boeing on Wednesday to acquire 160 aircraft for Qatar Airways, a deal valued at $200 billion. The signing took place in Doha during the visit of U.S. President Donald Trump.
Ukrainian and Russian delegations meet behind closed doors at Istanbul’s Dolmabahçe Palace at 10:00 local time today to explore security guarantees, territorial integrity and a possible ceasefire.
EU approves 17th Russia sanctions, blacklisting almost 200 shadow‑fleet ships, 30 evasion firms and 75 defence figures, banning missile chemicals and arming Brussels to strike Kremlin hybrid and operations.
The U.S. Supreme Court recently allowed President Donald Trump's administration to move forward with ending Temporary Protected Status (TPS) for around 350,000 Venezuelans living in the U.S. Trump has also aimed to end TPS protections for Haitians, Afghans, and others.
The U.S. Supreme Court has granted a request from the Trump administration to lift protections under the Temporary Protected Status (TPS) program for approximately 350,000 Venezuelans, potentially opening the door to future deportations while litigation continues.
Lithuania has taken legal action against Belarus at the International Court of Justice (ICJ), accusing Minsk of organizing irregular migrant crossings and violating international obligations.
Indonesia has raised the alert level to the highest for Mount Lewotobi Laki Laki after it erupted eight times over the weekend, the country’s volcanology agency said.
As South Western Railway becomes the latest operator to be renationalised under Great British Railways (GBR), questions remain about whether these changes will lead to better services or lower fares.
In Malaysia, rivers are under threat from invasive fish species that have spread widely, harming native wildlife and local ecosystems.
China has openly supported Denmark’s sovereignty over Greenland following renewed interest from US President Donald Trump in acquiring the autonomous Danish territory.
The US State Department has announced visa bans on owners, executives, and senior officials of India-based travel agencies accused of helping people enter the United States illegally.
U.S. President Donald Trump said Russia and Ukraine will “immediately” begin negotiations to reach a ceasefire and end the war.
Rescuers in Indonesia have had to stop searching for 14 gold miners missing after a landslide killed six people at a remote mine in Papua province.
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