Rachel Reeves responds to news that Britain’s exports to the EU were down more than 40% in January

"These figures make it clear just how many British businesses have been struggling with the new reams of costly red tape and bureaucracy this Government has wrapped them in.

"Businesses have been appealing to the government to start listening to the problems they've been facing, but they've been left out in the cold.

"The Government must up their ambition here, and take practical action, hand in hand with businesses, to build on the limited deal they negotiated with the EU."