Honda’s exit is based on many factors, but Brexit is certainly one | Larry Elliott

Denials by the North Swindon Tory MP will not save May from the burden of this decision

We told you so. That will be the reaction of Britain’s leading business groups to the news that Honda is to close its Swindon plant with the loss of about 3,500 jobs in 2022.

For at least a year, bodies such as the CBI, the EEF and the British Chambers of Commerce have been telling ministers that the uncertainty caused by Brexit would have serious consequences. The Honda announcement – with its knock-on consequences for its UK supply chain – will make the employers organisations even more insistent that a no-deal outcome should be ruled out.

Related: ‘Shattering body blow’ as Honda plans to close Swindon factory

Related: Brexit: what are carmakers’ contingency plans?

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