UK urged to refocus trade

The UK should focus on nailing down post-Brexit trade deals with the US and China and not spend too much time negotiating with India, Canada or Australia, according to a study by Global Counsel.

Using a string of metrics, the London-based consultancy found China, the US, Japan, and Russia offer the greatest opportunities for commercial arrangements once Britain has left the EU and so is able to liaise one-on-one with other countries.

India was not among the top 10 nations and Canada ranked 23rd, behind Taiwan, Global Counsel said. Gulf countries such as Saudi Arabia are also not worth spending too much time on.