prawnsambo wrote: » The French buyers said they were surprised that they could purchase it for a significantly lesser sum than the 20 times earnings they would have normally expected. In other words, they got a substantial bargain.
BlitzKrieg wrote: » So a smart border is impossible in a hard brexit scenario
RobMc59 wrote: » As you point out sterling has dropped since 2016 but it's questionable French investors sunk billions into an airport thinking it may be able to make a profit down the line if planes are allowed to fly in and out of the UK. Personally I'm hoping the UK comes to its senses but there are a myriad of scenarios apart from the absolute worst case some seem only to see. I think May's deal will be rejected unless the EU ride to her rescue (it might be in their interest to help her get that deal over the line) and there is a 2nd vote and how that goes is anyone's bet.
A bilateral EU-UK agreement regulating advanced customs cooperation avoiding duplication and with possibility to carry out tasks on each other ; Mutual recognition of Authorised Economic Operators (AEO); A Customs-to-Customs technical agreement on exchange of risk data; Pre-registration of Operators (AEO) and People (Trusted Commercial Travellers programme in combination with a Certified Taxable Person programme); Identification system by the border; A Single Window with one-stop-shop-elements; A Unique Consignment reference number (UCR); Simplified Customs declaration system (100% electronic) with re-use of export data for imports; Mobile Control and Inspection Units; Technical surveillance of the border (CCTV, ANPR etc).
Capt'n Midnight wrote: » It just shows how much Sterling has dropped. Seeing as how they are in the business they probably in it for the long haul. Whatever happens after Brexit planes will still fly. It's just that UK carriers will have some disadvantages compared to EU and US carriers.
judeboy101 wrote: » Amazon have stores in america with no checkout
Strazdas wrote: » That report was highly speculative and theoretical. Trade experts who read it said it was full of 'ifs', 'buts' and 'maybes' and extremely unlikely ever to work in real life. The British right wing press and the hard Brexiteers seized on it though and claimed for a year afterwards that it was the solution to all the Irish border problems.
20silkcut wrote: » If such solutions existed then shops and supermarkets wouldn’t need checkouts and we would see such technology in action everyday.
ThePanjandrum wrote: » The EU produced a good report on a smart border which would have solved any Irish border problems, essentially it was the same solution as the European Research Group's. The EU took a look at it, decided that it solved too many problems and hid it under the cupboard.http://www.europarl.europa.eu/RegData/etudes/STUD/2017/596828/IPOL_STU(2017)596828_EN.pdf
RobMc59 wrote: » If the EU really forsee the worst case scenario happening isn't it strange that French investors happily bought a controlling share of Gatwick airport?
milhous wrote: » Yeah I'll go through Dublin. But they always tend to be a lot cheaper. Dublin and Belfast are both an hour away so I generally check both. Just saw waiting times in Belfast at the minute on Twitter, have they already started extra security protocols or something?
prawnsambo wrote: » I suspect there's a reason it's half the price. And the reason is that people are not booking. Uncertainty about what will happen post March 29th would be top of the list. And this is just another brexit bonus. At least you have a choice. Think of people booking flights from London or Manchester and what they may be facing.
milhous wrote: » Well it's half the price. But I suppose no point in Ruining a holiday over a few hundred quid
milhous wrote: Well it's half the price. But I suppose no point in Ruining a holiday over a few hundred quid
prawnsambo wrote: » I'd book through Dublin if it's all the same. The EU have said that they will implement a short term system for allowing flights to continue to transit from UK airports to the EU, but I would be concerned about delays at the very least.
ThePanjandrum wrote: » Why not read it first. It's based on more than 200 crossing points and other crossings and requires little physical change.
milhous wrote: » Sorry, do not want to derail current conversation just a quick question on a hard brexit as it stands at the minute. Will this just mean that things go back to customs check points etc. and we're still good to go up north? Thinking of booking flights after March 29th from Belfast but may go through Dublin depending on answer.
Enzokk wrote: » Nope, there is identification system that is required at the border in that study and seeing that this is not done currently it will mean new infrastructure that needs to be built. So right there it doesn't solve the Irish Border problems at all.
Capt'n Midnight wrote: » Your main export market is the EU not the US and the pound is down 16% against the Euro. (1.30 vs 1.12) That leaves 3% growth from a 16% devaluation, and that's before taking into account inflation.
Non-intrusive inspection technologies: Where controls on goods or vehicles are required, the use of scanners and other non-intrusive technologies for inspections prior to any requirement to open or stop a vehicle.
Anthracite wrote: » ...by publishing it on the internet for everyone to see. Does the cognitive dissonance ever intrude on your conscious mind? Or is it entirely unconscious?
sink wrote: » In $ value exports have increased about 8% since the brexit vote. Meanwhile as you rightly point out the pound has fallen by 10% against the dollar. Exports have increased at a slower rate than the pound has fallen. That is equivalent of having a sale with 10% off all items and only increasing revenue by 8%, that would equate to a net loss in profitability. You've sold more stuff but the margin was lower and now you have less money after expenditure than if you never had the sale.
ThePanjandrum wrote: » The EU took a look at it, decided that it solved too many problems and hid it under the cupboard.