One wonders how long we can go on limping towards the exit without the economy taking a serious southward turn. East European fruit pickers are said to be "shunning" the UK (HERE) while the other day Lloyds of London announced the moving of staff to Brussels (HERE) and Japanese bank Nomura (HERE) said they have been granted a trading license by the authorities in Frankfurt. This week we learned the Dutch government were advising their companies to avoid using British parts in goods for export since after Brexit they will no longer be considered local content (HERE).
We learn that Ireland has enjoyed an increase in jobs in their financial sector (HERE) almost certainly at our expense. The new so-called Brexiteers busting ferry service from Dublin to the continent (HERE), by-passing UK ports will no doubt cause job losses on UK bound ferry services and dockside handling facilities.
In the meantime the retail sector in this country, particularly high street store continues to suffer. The House of Fraser is the latest to announce job cuts (HERE), reducing the head count by 6000 and closing half its stores.
I imagine these sorts of things are happening on a daily basis in ways that never get covered in the press so they're under the radar but all too real for those involved.
With British and European business leaders pressing for certainty about the future relationship we are at the point now where more and more companies will not be waiting to see what might happen but will be putting contingency plans into operation.
We are suffering economic death by a thousand cuts. And the government is just fiddling around while the economy smoulders.
