UK and EU sign new trade, fishing and defence deal – what do economists think?

The UK and EU have announced a range of historic and wide-ranging new agreements touching on trade, defence and borders.

Since the 2016 Brexit vote, COVID and conflict have changed the global economic landscape dramatically – with consumers feeling the effects every day. So the time could be ripe for a “reset” of relations between the UK and its largest trading partner.

Beyond trade, the two sides have agreed to negotiate further on a youth mobility scheme. And in future, travellers...