John Springford from the CER says the declaration may lift UK economic growth a little but won’t have the economic heft of a comprehensive free-trade agreement and won’t offset the damage to trade with the EU that Brexit has caused.
“There are lots of things which are going to be going to be useful for particular types of company in the UK, some in the tech centre, some in the defence industry,” he told ITV News.
“There is some really helpful things but this isn't something which is going to make a big difference to the average person on the street. It's not going to raise their income really in a way that they would notice.”
08 June 2023