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Johnson signals visa flexibility with India to win trade deal

Johnson signals visa flexibility with India to win trade deal

BRITISH prime minister Boris Johnson indicated he was ready to offer more visas to India in return for this year clinching a free-trade deal that could boost annual bilateral trade by billions of pounds.

Speaking on the plane on his way to the world's second-most populous country, Johnson signalled he was ready to be more accommodating on an issue that could have stalled the talks.

"I have always been in favour of talented people coming to this country," Johnson told reporters. "We are short to the tune of hundreds of thousands of people in our economy and we need to have a progressive approach and we will."

Britain has made getting a trade deal with India one of its post-Brexit priorities as ministers, free from the European Union's common trade policy, look to gear policy towards faster-growing economies around the Indo-Pacific region.

India wants greater opportunities for Indians to live and work in Britain. Any trade deal will likely be contingent on relaxing rules and lowering fees for Indian students and professionals going to the country.

India and former colonial power Britain already share strong trade ties, and more than a million people of Indian origin live in Britain after decades of migration.

Britain wants to tap into the wealth of India's middle classes and their appetite for premium British products such as Scotch whisky.

They also hope that India can become a customer of its green technology and that service trade can also be strengthened.

Britain has said the trade deal could almost double British exports to India, and by 2035 boost total trade by £28 billion per year. Total trade in 2019 was worth £23 billion, according to British statistics.

(Reuters)

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London pint prices

The national average stands at £4.52, with lager at £4.82, per the British Beer and Pub Association

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London pint prices top £10 for first time with Mayfair venues leading the rise

Highlights

  • Stanley’s Mayfair bar charges £11 for a pint and £10 for Guinness.
  • The Connaught Grill sells a 330ml beer for £12.50.
  • CAMRA says tax pressure is forcing pubs to raise prices or close.
The price of a pint in London has crossed £10 for the first time, with several upscale Mayfair venues now charging well above that mark.
Stanley's rooftop bar, attached to the Chesterfield Hotel, sells a pint of Moretti or Heineken at £11 and a half pint at £8. Guinness is priced at £10 a pint.
Bottled beer has climbed even higher, with the Connaught Grill charging £12.50 for a 330ml bottle of Noam lager or Curious IPA.

The development follows Diageo's announcement that draught prices would rise by 5.2 per cent in April as operational costs increased.

Pub owners had previously told the Morning Advertiser that Diageo appeared "hell-bent on having the first £10 a pint beer."

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