HONDA and other Japanese firms will pull out of Britain if the Government fails to secure free access to the EU market, according to the country’s ambassador.
The car giant, which has a manufacturing plant in South Marston, was among firms that sent top executives to discuss Brexit at a Downing Street meeting.
The ambassador’s comments raised the prospect of thousands of jobs being lost if the Government fails to negotiate a frictionless trade deal.
Koji Tsuruoka was asked after Thursday’s meeting if companies would leave Britain if there was no agreement. He replied: “If there is no profitability of continuing operations in the UK – not Japanese only – then no private company can continue operations.
“It is as simple as that. This is all high stakes that all of us, I think, need …