The decision by an automotive business to close its site due to uncertainty surrounding Brexit was described as the “the tremor that will lead to the Brexit earthquake” in the Welsh Assembly today.

Dozens of companies have cut jobs, beefed up their European operations or issued warnings on the impact of the UK's departure from the EU.

Schaeffler says Brexit uncertainty is a factor in its decision to trim UK operations at a time of global pressures.

Barden's German owner is to shut the Estover plant and shift all production overseas amid 'Brexit uncertainty'.