A trade agreement between the UK and India is set to drastically reduce tariffs on British cars and whiskey exported to India, while British companies would pay less for Indian clothing and food products.

The agreement - the most significant since the UK left the EU - will see tariffs slashed on cosmetics and medical devices and is expected to boost GDP by £4.8bn.

A massive new trade deal between the UK and India could bring an end to irritating spam texts from Indian senders, the government has said. Prices on items like clothes, shoes and frozen prawns could also drop for British shoppers as a result of the new agreement.