“One of the guys who pays my wages has decided he’s pulling investment from the UK,” my private fund manager mate tells me on Sunday as we stand on the touchline, watching our kids play rugby. “It’s very worrying. There’s a lot of anxiety about a negative event coming at us soon. And all the uncertainty about Brexit is making Britain a very unlikely option for investment.” It’s far from anecdotal. The LSE’s Centre for Economic Performance reports that leaving the EU may see a drop in direct foreign investment into Britain of 22 per cent. That will have an immediate knock-on effect, not only to Phil’s spreadsheet, but to the take-home pay of real folk from Sunderland to Surrey. Some Brexit bonus.

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