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Documents to download

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  • Free trade agreements with India and Southeast Asian nations

    In February 2025, the UK government announced that it was resuming negotiations with India with the aim of agreeing a free trade deal. This followed work by the previous Conservative government which initially opened trade talks in 2021. An overview of these talks is provided in this briefing alongside information about the UK’s relationship with the Association of Southeast Asian Nations (ASEAN). Relevant trade statistics are also included.

    Free trade agreements with India and Southeast Asian nations

  • Creative industries: Growth, jobs and productivity

    The government has identified the creative industries as one of eight “growth driving” sectors it will prioritise in its industrial strategy. The strategy is due to be published later this year, along with a creative industries sector plan. The creative industries have called on barriers to growth, such as skills gaps and access to funding, to be addressed in the sector plan.

    Creative industries: Growth, jobs and productivity

  • Tax implications of corporate profit shifting

    Multinational corporations may use artificial intragroup transfers and other strategies to lower their exposure to corporation tax. Following high profile examples of aggressive tax avoidance, OECD countries including the UK agreed a number of measures to reduce so-called ‘profit shifting’ and increase tax revenues globally. This included a global minimum tax for large corporations. US President Donald Trump has since signalled the US no longer agrees with the latest OECD tax agreement.

    Tax implications of corporate profit shifting