On May 6, 2025, India and the United Kingdom reached a major milestone with the conclusion of their Free Trade Agreement (FTA). The agreement is poised to reshape the trade dynamics between both nations by reducing tariffs and easing access to key sectors. It marks a new phase in their economic relationship, promising significant growth in trade, investment, and mutual cooperation.

Toyota Motor Corporation has projected a significant $1.3 billion profit reduction over the next two months due to newly imposed U.S. auto tariffs, underscoring the growing strain on global automakers amid shifting trade dynamics.

Trade relations between the U.S. and China continue to be strained as new tariffs increase disruption, while UK retail giant Marks & Spencer (M&S) grapples with a cyber-attack. Despite these challenges, the FTSE 100 index rises to an 11-day high.