Responding to the news that 3500 jobs will be lost at Honda, Liberal Democrat Leader Vince Cable said:

“This is devastating news for the thousands of people employed at Honda’s plant in Swindon, and a further hammer blow to Britain’s reputation as a hub for global business.

"Brexit may or may not be officially blamed, and we accept that other issues in the global economy are also a factor. Brexit uncertainty is weighing on the company, as is the inability of the UK Government to guarantee access to the recent EU-Japan trade deal.

"We can still step back from the cliff edge and avoid economic disaster, by giving the public the final say on Brexit with the option to stay in the EU.

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