Just read that the EU have agreed to up the limit of duty free goods brought into europe from outside from £145 to £290 (around $560). Its not the £1000 that was requested but its a start.
I know most people ignore these limits anyway but i always feel a little unsettled when i bring more than £145 worth of goods back with me.
Mind you, I have yet to see a customs officer on duty the last couple of times that i have come back to England from America.!!!