ITV News: Government says EU reset is a 'huge boost for growth' - does the claim stack up?

19 May 2025

“I think the price of goods will come down a bit, certainly in the food that we import from the EU and we might get a bit of a better range, but I don't think it's really going to make a really noticeable difference to people's shopping bills,” John Springford, an associate fellow at the CER told ITV News.

Springford thinks the boost to GDP is slightly smaller. “Around 0.1% over the next decade or so,” he estimates.