This is more like it. At long last, some people in government are acting as if they are actually in charge. Sajid Javid in particular has begun to shine again in recent days: he is going to start preliminary trade talks in Delhi, has instructed his civil servants to start talking to as many countries as possible and wants to start hiring negotiators.

As for George Osborne, he too has started to act to shore up confidence, even if much more is required. He has met the main investment banks in London, and they have all agreed to work together to make sure that the City remains the world’s pre-eminent global financial hub.

Osborne has finally said what he should have argued the day after the referendum: “every measure will be deployed to constructively safeguard and protect” the City; the banks said they would like to keep as much of their workforce as possible in London, and JP Morgan’s boss Jamie Dimon confirmed separately that there would be no change at all were the financial services passport retained.

It may not be, of course, but there are also other ways to protect the City, be it by negotiating a global passport or through so-called regulatory equivalence.

With the right negotiations and domestic reforms, the UK economy could be larger than it would otherwise have been under a Remain scenario in just a few years’ time, going on to demolish all the gloomy predictions of Project Fear. But it is key to shore up the short term: the economy was always going to be hit by volatility, but sadly the Brexiteers’ failure to seize the moment and the Government’s lack of a plan have shattered confidence. The economy probably grew by 0.6pc in the first quarter, but a lot of this growth will be clawed back in the third. We will suffer a nasty, utterly unnecessary hit that will cost jobs. This must be addressed as soon as possible; here’s my 10-point plan.

1. The Chancellor must hold more summits with other industries, getting carmakers and others to express their support for the UK. In ordinary circumstances, this would be dismissed as a gimmick, as mere verbiage: but this is a crisis of confidence.

David Fuller's view

Here is a PDF of Allister Heath’s 10-Point plan. 

These are sensible policies from Allister Heath.  After a vacuum in terms of governance following the vote for Brexit, there is no shortage of goodwill and determination to get the economy moving once again.  I am sure all voters will welcome the bold, entrepreneurial plans under discussion, which will give the British economy a vitality and international reach which was not possible within the EU.