UK and Swiss negotiators met Monday, for first time since the election, to restart talks on an enhanced and upgraded Free Trade Agreement (FTA).
Switzerland is the UK's 10th largest trading partner and 7th largest export market, with total trade between the two countries worth £51 billion ($66.70 billion) in 2023. The talks, the first to take place under the Labor Government, provide a chance to further strengthen UK-Swiss trading relationship, drive economic growth and create jobs across the UK.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.