the report by the commons public accounts committee also warned there could be further disruption to cross border trade this year, when new import controls come in. the mps say more must be done to improve border arrangements for businesses. they say that brexit has led to. increased costs for exporters, more paperwork for businesses, and more border delays. the government says it is continuing to offer help to uk businesses to trade effectively. here s our global trade correspondent, chris morris. the focus on britain s borders continues. this report says trade volumes have fallen partly because of the impact of covid. the exit from the eu has clearly had an impact and new border arrangements have added costs to business. smaller firms with fewer resources have been hit the hardest. between the delays at the border, the extra costs and paperwork,
With inflation rates in the UK at a 30 year high, energy bills set to increase at a record rate in April, how is the government responding to the cost of living crisis?
well, let s stay on changes that came in to effect on january the first. british steel companies have been operating at a significant competitive disadvantage compared to their rivals in europe because the eu brokered a deal with the us that came into effect at the start of this year. it allows european companies to export steel to the us without tariffs. the uk has yet to agree a similar deal. our global trade correspondent chris morris reports on the impact. ata at a foundry in chesterfield raw materials are being furnace to make cast iron bars. because of the american tariffs 25% on uk products, this company is moving some of its production to a factory in spain. so the uk manages to strike a deal with the us, without production come back? come back? probably not, it really depends come back? probably not, it really depends on come back? probably not, it really depends on how - come back? probably not, it really depends on how early | come back? probably not, it - really depend
this is bbc news, the latest headlines. no new covid restrictions are to be introduced in england before the new year, despite a record number of cases on christmas day. america s leading health body has halved the recommended isolation period for asymptomatic americans with covid 19 from ten days to five. the cost of global shipping has risen dramatically this year, as supply chains around the world battle with the impact of the covid pandemic. it s led to frustrating delays for businesses struggling to meet consumer demand, but also to tens of billions of pounds of profits for shipping companies. our global trade correspondent chris morris reports. on a misty morning in leeds just before christmas, at long last, a container arrives, all the way from china. cheering. this family run business develops and designs
labour wants vat on bills to be removed. today s meeting is unlikely to be the last. the government says talks will continue over the coming days and weeks to ensure uk consumers are protected. theo leggett, bbc news. the cost of global shipping has risen dramatically this year, as supply chains around the world battle with the impact of the covid pandemic. it s led to frustrating delays for businesses struggling to meet consumer demand, but also to tens of billions of pounds of profits for shipping companies. our global trade correspondent chris morris reports. on a misty morning in leeds, just before christmas, at long last, a container arrives, all the way from china. cheering this family run business develops and designs fun gifts, and this is the busiest time of year. 90% of their stock is made in china. it helps keep consumer prices down. but nearly all deliveries in 2021 have been late. several containers, full of christmas gifts, won t get here untiljanuary. if we don t get thi