Japan’s ambassador has warned the Prime Minister of the "high stakes" of Brexit following talks in Downing Street.

Koji Tsuruoka, speaking outside Number 10, claimed international companies could close their operations in Britain if there is no profitability in continuing their UK presence.

He delivered a warning to the Government as Cabinet ministers continue to debate the form of Britain’s post-Brexit relationship with the EU.

The ambassador said: If there is no profitability of continuing operation in the UK – not Japanese only – no private company can continue operation.

So, it’s as simple as that. This is all high stakes that I think all of us need to keep in mind.

Thursday’s talks between Government and Japanese business leaders was attended by Theresa May, Chancellor Philip Hammond, Business Secretary Greg Clark and International Trade Secretary Liam Fox.

Alongside Mr Tsuruoka, bosses from Hitachi, Mitsubishi, Honda, Toyota and Nissan were among the Japanese delegation.

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(c) Sky News 2018: Japanese ambassador warns Prime Minister of Brexit ‘high stakes’ after talks