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    Now that the Japanese-EU free trade agreement is complete, why would the Japanese manufacturing giants opt to remain in the UK given the uncertainty of our position? A no deal is looking increasingly likely.

    They no longer need to remain here because they now know that they will be able to export to the EU on a tariff free basis from their home factories. The increased logistical overheads are more than compensated by the kudos of bringing major manufacturing back.

    The agreement with the EU brings together the world's 3rd largest economy with a single market of 580 million people. Sadly it looks increasingly likely that we will be sidelined from it.

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