Fresh from his meeting with Law Offices on how Brexit will impact on lands outside the UK under British jurisdiction, MP Robert Buckland spoke at a special Swindon Chamber of Commerce lunch.

Among the many issues the UK will have to change now the country has voted for Brexit, will be the hundreds of laws which bind the UK to the rest of Europe.

As well as the UK the change will also affect the 14 British Overseas Territories which are under the jurisdiction and sovereignty of the United Kingdom.

In the thick of it is the South Swindon MP, who is also the Solicitor General.

The economic lunch was sponsored by Barclays Bank, hosted by the Marriott Hotel and organised by the Swindon Chamber of Commerce.

Mr Buckland said that he and his colleagues in parliament were preparing for Article 50, the formal mechanism which would see the UK leave the European Union.

He said there was going to be a lot of work for lawyers studying the fine print of the changes and he did not anticipate Britain following the models of Norway and Switzerland in dealing with the EU in the future.

He said: “I don’t want models like that. We are the fifth largest trading country in the world so I am sure there will be a bilateral deal worked out between us and the rest of Europe.”

Ian Workman, the Barclays co-head of business relationships in the UK, said his bank was  ealistic about the potential effects of the Brexit vote on the UK economy but was not unduly pessimistic about them.

“There have been some encouraging signs that consumer confidence may be proving more resilient than at first thought," he said.

“Our Barclaycard UK consumer spend data for August showed a 4.2 per cent increase over last year, the highest year on year increase since in consumer spending in our cards since July 2015.

“The August UK composite Purchasing Managers’ Index exceeded expectations as it rose to 53.6 from 47.6 in July, driven by both manufacturing and services.

“It is also encouraging to see some analysts revise their 2016 and 2017 GDP forecasts upwards from initial levels.

“Against this backdrop Barclays is very much open for business – and we have been since June 23rd.

"In August alone, we have helped over 37,000 customers with their personal borrowing needs in the United Kingdom, and we have completed nearly £1 billion of unsecured personal lending since the Brexit vote.

"While house purchase volumes have slowed in the UK, our market share in mortgages is up 1% on the same period last year, and since June 23rd we have received £4.8 billion of mortgage applications, helping nearly 25,000 customers in the UK.

“We are encouraged by this activity but of course, as you know, September is always the swing month for Q3 so it is too early to call the quarter.”

Two similar lunches are planned by the chamber and Barclays for next year when the Swindon MPs will be speaking.