Brexit: Now What? Part III

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Another interesting impact of Brexit on UK business:

EU officials have reminded UK-based airlines then to operate on routes within the EU - for example between Berlin and Paris - they need be based in the bloc, and the majority of their capital shares must be EU-owned, according to an article in the Guardian .

Airlines would have to restructure, with a loss of jobs, or lose the routes, the article said. Should the UK reciprocate, EU-based airlines would be put in a similar position, it added.
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It's from the BBC's live feed.

The impact on UK airlines is likely to be greater than that on EU airlines. Not too many EU-based airlines operate UK domestic flights.

Again, remind me why Brexit is good for business :rolleyes:
 
I brought this up last year.
Lots of our small airlines have built up EU routes over the past 40 years, covering business and holiday travel. All of those are going to have to be restructured.

Some of them have engineering contracts with other EU airlines which I would expect to be under threat as well.
 
Tolls said:
Some of them have engineering contracts with other EU airlines which I would expect to be under threat as well.
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...yet another good example of the complexity of unpicking the relationship between the EU and UK post-Brexit. Brexiteers insist that it'll be easy but examples like this which is one of many, many considerations for the airline and holiday industries (both of which are significant contributors to the UK economy and more importantly, the UK exchequer) clearly indicate otherwise.

I know that I have a very clear bias but the risks and issues associated with Brexit are clear (although I'm sure we're barely scratching the surface in terms of the breadth of issues) but the benefits have yet to be outlined.
 
The Don said:
Another interesting impact of Brexit on UK business:



It's from the BBC's live feed.

The impact on UK airlines is likely to be greater than that on EU airlines. Not too many EU-based airlines operate UK domestic flights.

Again, remind me why Brexit is good for business :rolleyes:
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This would probably be a financial hit for the UK but does it mean anything more significant for the airlines than establishing a paper company in Luxembourg to hold the shares?
 
Archie Gemmill Goal said:
This would probably be a financial hit for the UK but does it mean anything more significant for the airlines than establishing a paper company in Luxembourg to hold the shares?
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I thought Brexit was meant to make things easier by getting rid of red tape(?)
 
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Archie Gemmill Goal said:
This would probably be a financial hit for the UK but does it mean anything more significant for the airlines than establishing a paper company in Luxembourg to hold the shares?
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Basing rights?
Slot rules for airports?

As I say, some of these regional airlines also do mechanic work on other airline planes, which I expect becomes more complex outside of a single market.
 
jimbob said:
View attachment 36558

This is apparently in the offices of the EU negotiation team - and they are not talking about their own plan.
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Will there be an Asterix book as well, about a Brexit from the Roman Empire?

That actually happened by the way, in 286 AD, performed by a ruler named CarausiusWP who declared himself Emperor of Britain. Alas things didn't work out very well.
He held power for seven years, before being assassinated by his finance minister​
Soon after that, Britain returned to its previous allegiance.
 
Craig B said:
Will there be an Asterix book as well, about a Brexit from the Roman Empire?

That actually happened by the way, in 286 AD, performed by a ruler named CarausiusWP who declared himself Emperor of Britain. Alas things didn't work out very well.
He held power for seven years, before being assassinated by his finance minister​
Soon after that, Britain returned to its previous allegiance.
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Go Hammond!

McHrozni
 
Craig B said:
Will there be an Asterix book as well, about a Brexit from the Roman Empire?

That actually happened by the way, in 286 AD, performed by a ruler named CarausiusWP who declared himself Emperor of Britain. Alas things didn't work out very well.
He held power for seven years, before being assassinated by his finance minister​
Soon after that, Britain returned to its previous allegiance.
Click to expand...

Not sure about the Asterix version - but there is this
 
Craig B said:
Will there be an Asterix book as well, about a Brexit from the Roman Empire?

That actually happened by the way, in 286 AD, performed by a ruler named CarausiusWP who declared himself Emperor of Britain. Alas things didn't work out very well.
He held power for seven years, before being assassinated by his finance minister​
Soon after that, Britain returned to its previous allegiance.
Click to expand...

The first attempted Brexit didn't go well, either. That one was led by Queen Boudica who tried and failed and, as a result, was flogged and her daughters raped.

https://en.wikipedia.org/wiki/Boudica
 
Some positive news potentially?
http://www.bbc.co.uk/news/business-39378521

Deutsche Bank has committed to moving to a new office in London, at a time when banks are assessing their place in the capital ahead of Brexit.

Germany's biggest lender is in exclusive talks for a 25-year lease on a new building....

...He said staff would start moving to the new UK headquarters in 2023....

....Deutsche Bank employs about 7,000 people in London, who are currently scattered across 15 different buildings.

It is in negotiations with developer Land Securities over the lease on a new building to be constructed at 21 Moorfields.
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