UK-Australia trade deal is more golden duck than golden goose
Cheaper Jacob’s Creek and Hardys wines, Tim Tams and surfboards for Britain, cut-price Scotch, cars and clothing for Australia. While things might not be going so well for the England cricket team in Australia, the UK government is talking up Anglo-Aussie relations.
Almost six months on from an agreement in principle, the UK and Australia have signed a free trade deal described as “historic” for its status as the first negotiated from scratch since leaving the EU.
Ministers expect the deal to unlock £10.4bn of additional trade, saying it will boost Britain’s economy, increase wages and eliminate tariffs on 100% of UK exports. For a government under as much pressure as England’s toiling batsmen, it’s a rare bit of good news to talk about while
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