An ungovernable Britain is an alarm bell for foreign investors

London

THOSE who observed the unedifying rabble of British politicians shouting and swearing at each other in the Mother of Parliaments are no doubt concerned that the UK is under threat of being ungovernable.

Local and foreign business people and investors have already noticed that the combination of Brexit uncertainty and the global trade slowdown is causing the UK to slip into recession.

Activity in the services industry - which accounts for four-fifths of national output - slowed almost to a halt in August. The manufacturing and real-estate industries are also on a downward slide. Since the UK is the world's fifth largest economy, the implications for Europe and Asia are worrying.

Politicians in the Westminster Bubble, however, are more concerned with arcane procedures and conventions to hamper the government in its efforts to achie…