Bangladesh, Jan. 27 -- Since the 2008 financial crisis, the UK economy has struggled to regain its footing. Persistent issues such as low productivity, stunted economic growth, and a housing crisis have plagued the nation. Unemployment remains above 4 percent, industrial output is stagnant, and political instability has only deepened the economic malaise. With four prime ministers in as many years, the UKs policy landscape has often appeared adrift. In this challenging environment, a potential free trade agreement (FTA) with the Gulf Cooperation Council (GCC) offers a glimmer of hope for economic rejuvenation.

The UK economy demonstrated resilience in the first half of 2024, rebounding strongly after years of pandemic-induced disruptions...