The ONS shows that the UK's balance of trade has continued to worsen in the three months to January 2019 - by £1.3bn , although the £2.4bn deficit in goods is offset by a surplus in services of £1.1bn.  It is worth remembering that Brexit has not happened yet, and that "Project Fear", as it was dubbed, has yet to tie up its bootlaces.

We have entered a period of unprecedented constitutional conflict - with the voices of nationalism invoking (misappropriating, in my view, as someone who grew up in the Tyne Valley) the Jarrow March of 5 – 31 October 1936, frustrations and recriminations from Brexit heartlands and hundreds of thousands signed up to march in favour of a second referendum on 23 March 2019. With the refusal of the speaker to countenance a third "meaningful vote" and the likely request for an extension to the Article 50 period until 2020/2021, it feels like Mrs May was correct today to describe this as a political crisis

On a personal note, I would like to express my apologies to our European friends for what should be a temporary interruption to the common sense that otherwise prevails here and - whatever outcome we face - to reassure them that cool, pragmatic heads continue to pursue strong and meaningful trade and cultural relations with our European partners.