Brexit damaging trade with EU, says public accounts committee

Border checks said to have increased business costs and suppressed' trade, and the situation could worsen

Brexit red tape has damaged Britain's trade with the EU and the situation could worsen unless the government works with Brussels to reduce hold-ups at UK ports, parliament's spending watchdog has said.

Only hours after Jacob Rees-Mogg was appointed minister for Brexit opportunities, a report by the cross-party public accounts committee (PAC) said border checks in place since the beginning of the year had increased business costs and suppressed" trade with the EU.