Our analysis has shown a minimal impact on food prices and consumers. Our new risk-based model has been designed to minimise costs for traders and consumers. Government analysis estimates the cost of the new model to be £330m per annum overall, across all EU imports. Traders will save around £520m per annum versus the model originally proposed, while the inflationary impacts on food for consumers will be, at most, less than 0.2 percentage points over a 3-year period.