Business should now get behind 'no deal' with the EU

Both the Brexit and and Foreign Secretaries have resigned. The Chequers agreement, if that is the right word, looks about as enduring as the latest relationship on Love Island. The Prime Minister is staggering so uncertainly from one option to another that even Donald Trump’s advice over the weekend seemed almost sane. The UK’s strategy for leaving the European Union, insofar as we ever really had one, is in tatters.

Big Business will no doubt respond to that with calls for a softer and softer Brexit simply in the hope of getting something in place before March next year. We will hear a lot about cliff edges, and the dangers of a collapse in the economy. The big guns of the CBI will be wheeled out to plead with the Government to get something in place, and we will hear from Unilever, and Nissan, and Airbus, and the rest of the Project Fear gang, about how anything is better than no deal.