Reeves hopes hat-trick of deals shows Britain is open for business
John Springford of the Centre for European Reform, whose analysis suggests the UK economy is approximately 5% smaller than it would otherwise have been as a result of Brexit, suggests that the government’s 0.3% estimate still looks relatively generous.
He recently forecast that an SPS agreement would add less than 0.1%, for example, against the 0.2% upside modelled by the government.