LONDON (Reuters) - Japan’s ambassador said on Thursday that no firm would be able to continue to operate in Britain if they are not profitable due to Brexit-related trade barriers. Yesterday (Feb. 8), Japan’s ambassador to the UK, Koji Tsuruoka, told reporters following a meeting between prime minister Theresa May and 19 top Japanese bosses that “if there is no profitability of continuing operations in the UK—not Japanese only—no private company can continue operations.
After a meeting with top Japanese business and British government executives in 10 Downing Street, Japan's ambassador to Britain warns that companies may discontinue their UK operations if a Brexit without a new trade deal makes them unprofitable.