Back in April, the government announced it was forming an Investment Council to help boost investment into the UK in wake of Brexit. Not many people saw it, but they should have — roping in some of the City’s biggest names to advise on such important strategy is not exactly insignificant.

The all-star lineup the government has assembled includes HSBC’s group chairman, Mark Tucker, Legal & General’s chief executive, Nigel Wilson, Citi’s UK head James Bardrick, and Clare Woodman, Morgan Stanley’s head of Emea. No one is doubting the business credentials on show. The question is: Can they crack the toughest of all nuts – ensuring UK competitiveness and making the country attractive to foreign investors?