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'The worry is that they will have to look elsewhere'

Today Programme

BBC Radio 4

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A free-trade deal between Japan and the UK still has not yet been agreed.

According to Dr John Nilsson-Wright, a senior research fellow in Asia-Pacific Programme at Chatham House, trade between the two countries are actually quite small.

In 2017, only 2% of Japan's exports were destined for the UK. For the UK, only about 1.6% of exports went to Japan.

Investment is another story though - about 10% of Japan's total investment comes to the UK, and after the Brexit vote in 2016, Japan was concerned enough to draft a 15-page statement setting out its concerns about Brexit, which have still not been allayed.

"I think there's a sense of frustration at the failure to resolve the Brexit issue, and there are some very significant Japanese manufacturing companies, particularly in the automobile sector. So the worry is that they will have to look elsewhere," Dr Nilsson-Wright told BBC Radio 4's Today programme.

"There are some 1,000 Japanese companies based in the UK, employing anywhere between 140,000-160,000 British workers. There is no doubt that many of those companies are having to make contingencies."

Increase in children protesting climate change

11-year-old climate change activist Elliot speaks to us about his fears for the future
11-year-old climate change activist Elliot speaks to us about his fears for the future of the environment

(Image: An Instagram picture depicting children climate protestors, posted by Mothers Rise Up. Credit: Mothers Rise Up / Instagram )