UK announces 'historic' trade deal with Gulf states in G7 first

Key points

• Britain's Prime Minister Keir Starmer is as he arrives at the airport in Jeddah, Saudi Arabia, on April 8, 2026. Alastair Grant | Afp | Getty Images The U.K.
• on Wednesday hailed a "historic" trade deal with the Gulf states that marks the first such agreement among Group of Seven (G7) nations.
• The trade deal could boost the U.K.
• economy by an estimated £3.7 billion ($4.9 billion) every year and increase wages by £1.9 billion annually in the long run, the U.K.'s Department for Business and Trade (DBT) said as the agreement was announced.
• "The U.K.