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Aug 24th, 2023
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Joined: Nov 2018
Posts: 6,056 Likes: 160
Talk Morgan Sage
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Talk Morgan Sage
Joined: Nov 2018
Posts: 6,056 Likes: 160 |
Perhaps not in the Daily Mail, but good coverage in the FT/Torygraph/Rueters etc..... I did manage to find a reference in the DM, amongst the 'peachy derrieres, chiseled abs, and killer cleavages' - although it was basically the Rueters article. I get the impression that it is a mutally beneficial arrangement and time limited, rather than the EU being unable to live without us, and gives the EU more time to ultimatelt shift out of the London Stock Exchange. The announcement will come as a relief to the LSE as it avoids the need to serve notice on EU customers in September to shift their positions out of Britain by the end of the year, a complex and costly undertaking for banks at short notice.
The LSE, which had no immediate comment, clears the bulk of euro-denominated interest rate swaps and EU policymakers want the activity moved to EU rivals like Eurex in Frankfurt. Time-limited access will put pressure on banks to move positions from London.
1972 4/4 4 seater, 1981 MGB GT
1984 Harley Davidson Electra Glide, 1990 Kawasaki ZX10
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Joined: May 2014
Posts: 5,107 Likes: 56
Black Rat Charter Member
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Black Rat Charter Member
Joined: May 2014
Posts: 5,107 Likes: 56 |
Obviously not many people keep up with the EU/UK trade talks. No mention in the media, but the EU have just realised they cannot do without London clearing. It's very strange that under May it was this deal or no deal but now they are negotiating from the standpoint of British sovereignty. Do try to keep up. Well said
Keith
2013 narrow bodied + 4 Ruby.
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Joined: Mar 2014
Posts: 688
Talk Morgan Regular
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Talk Morgan Regular
Joined: Mar 2014
Posts: 688 |
Think I’ll stick with my 110 Defender for a while. It’s more than holding its value and it’s a joy to own.
I wish them all the best.
Porsche 981 Spyder
V8 Speedster ( 5 years)
4/4 Competition spec (5 years)
4/4 4str Kent ( 10 years)
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Joined: Apr 2008
Posts: 11,860 Likes: 137
Scruffy Oik Member of the Inner Circle
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Scruffy Oik Member of the Inner Circle
Joined: Apr 2008
Posts: 11,860 Likes: 137 |
Think I’ll stick with my 110 Defender for a while. It’s more than holding its value and it’s a joy to own.
I wish them all the best. Same here with our Td5 SWB hardtop. It's 18 years old, only done 110k miles, is absolutely fine, and I can't justify (or afford) replacing it. Since we stopped keeping sheep it doesn't get much use these days but it's a great load lugger/winter alternative to the Morgan.
Tim H.
1986 4/4 VVTi Sport, 2002 LR Defender, 2022 Mini Cooper SE
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Joined: Apr 2011
Posts: 8,646
Needs to Get Out More!
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Needs to Get Out More!
Joined: Apr 2011
Posts: 8,646 |
I couldn't decide whether to post this here, or on the no-deal Brexit thread, but here we go. Surprised nobody has brought this up since the news broke. Arch Brexit evangelist and Monaco tax-dodger Jim Ratcliffe has decided to build the Ineos Grenadier in France. This is what he said last year “We have looked long and hard at possible manufacturing locations for Grenadier across the world with lots of good options to choose from. The decision to build in the UK is a significant expression of confidence in British manufacturing, which has always been at the heart of what Ineos stands for. Our preference is to build it in the UK. “We’d like to retain the Britishness and have a bit of passion about UK manufacturing,” he told Sun readers at the time. “We believe that Britain can produce something as reliable as Germany or Japan if we do it well.”  How about you put your money where your mouth is Jim ? My sincere sympathy to the people of Bridgend who were hoping to be building them, and have had their hopes dashed.
Giles. Mogless in Paris.
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Joined: Jul 2007
Posts: 28,415 Likes: 177
Salty Sea Dog Member of the Inner Circle
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Salty Sea Dog Member of the Inner Circle
Joined: Jul 2007
Posts: 28,415 Likes: 177 |
Spotted he had decided on France in a news clip from IET.
Graham (G4FUJ)
Sold L44FOR 4/4 Giallo Fly
'09 Gen2 MINI Cooper ragtop
'90 LR 90 SW
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Joined: Apr 2008
Posts: 11,860 Likes: 137
Scruffy Oik Member of the Inner Circle
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Scruffy Oik Member of the Inner Circle
Joined: Apr 2008
Posts: 11,860 Likes: 137 |
My sincere sympathy to the people of Bridgend who were hoping to be building them, and have had their hopes dashed.
Absolutely this. This isn't the Soapbox, so I shall say no more.
Tim H.
1986 4/4 VVTi Sport, 2002 LR Defender, 2022 Mini Cooper SE
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Joined: Sep 2014
Posts: 2,308
Talk Morgan Expert
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Talk Morgan Expert
Joined: Sep 2014
Posts: 2,308 |
Yes i have been following this...it seems there was an empty facility already built that would suit the manufacturing requirements.
" I LOVE THE SOUND OF THROTTLE BODIES IN THE MORNING " (ROBERT DUVAL IN "APOCOLYPSE NOW " )
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Joined: Apr 2011
Posts: 8,646
Needs to Get Out More!
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Needs to Get Out More!
Joined: Apr 2011
Posts: 8,646 |
[quote=pandy]
My sincere sympathy to the people of Bridgend who were hoping to be building them, and have had their hopes dashed.
Good point. I shall re-post this on the other thread.
Giles. Mogless in Paris.
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Joined: Jul 2007
Posts: 26,747 Likes: 419
Member of the Inner Circle
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Member of the Inner Circle
Joined: Jul 2007
Posts: 26,747 Likes: 419 |
So much for sovereignty of the UK. You would have thought with the magic money tree in full flow Doris could have stepped in.
We need to make things not import them.
JohnV6
2022 CX Plus Four
2025 MG ZS EV aka Trigger
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