As the Labour Party entered government on 4 July 2024, they faced an international trade landscape defined by Brexit, Russian war sanctions, and highly globalised, yet insecure, supply chains.
This report examines the Labour Government’s first phase of international trade policy through the lens of its three most consequential early agreements: the UK–EU reset, the UK–India Comprehensive Economic and Trade Agreement, and the UK–US Economic Prosperity Deal.
Together, these arrangements define the Government’s emerging trade strategy and offer insight into how the Labour Government has sought to balance economic opportunity, political constraint and geopolitical risk.
This report seeks to offer a sector-by-sector overview of international trade under this Labour Government. It outlines key announcements in the EU, India and US deals, alongside timelines for enacting these promises. It assess the effectiveness of current announcements against the Government’s manifesto commitments, and offer a forward look on what is to come in international trade for each sector.
To view the full report, please fill out the form below:
Our latest research
On Tuesday, 3rd March 2026, the Office for Budget Responsibility (OBR) published an updated Economic and Fiscal Outlook. Alongside this, the Chancellor of the Exchequer, Rachel Reeves, delivered a statement to …
Writing a ‘what to expect’ piece ahead of a fiscal event has been quite exciting. We’ve had it all. From briefing wars to doomsday predictions to U-turns on U-turns – this GovernmentR…
The 2026 Munich Security Conference took place in the aftermath of an all-European Defence Ministers’ meeting, the revocation of Greenland-focused US tariffs, and political upheaval in the UK due to the Mande…
No. At least, it may do, but if it does, it is certainly also mistaken. The reason for this is that the UK Parliament has used a variety of definitions for an animal throughout time, not all of which can be tru…
As the Labour Party entered government on 4 July 2024, they faced an international trade landscape defined by Brexit, Russian war sanctions, and highly globalised, yet insecure, supply chains. This report exami…
The first half of 2026 will see the Government further develop its policy and legislative agenda, most visibly through the King’s Speech, expected in May. Alongside this, there will be a major political momen…
