Thu, 08 May 2025
The UK says it will maintain food standards which lock out some types of American beef and chicken.
* The US and UK have agreed on a trade deal, despite disagreements over food standards.
* The UK has banned imports of treated beef or chlorinated chicken, which will remain in place under the new deal.
* The White House claims the deal will unlock "billions of dollars" in increased market access for US beef, ethanol, and other agricultural products.
* The trade deal was seen as a boost to markets, with the S&P 500 index soaring 9.5% in its biggest one-day rally since 2008.
* UK Prime Minister Keir Starmer said a trade war with the US is not in the UK's national interest.
* The Chancellor has presented her first Budget in the Commons, and entrepreneurs James and John are featured for running their cleaning firm as a side business.
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