Another blow for uk boat owners due to Brexit

[Sandyshore]

As discussed on this forum in the past ,but just to remind.

Yachting 24 is an insurance policy underwritten by a group of insurers EU who had permission to trade in the UK.
Policy holders are not protected by the FOS. In the event of any dispute they need to present complaint to German equivalent based in Hamburg
Perhaps these insurers from 1/1/21 do not have the relevant authority or in the eyes of our FCA not appropriate after Brexit. So they have to stop trading in the UK.
That is what the FCA are about" to protect".

As for Pantaenius . Anyone have a list of the Insurers that underwrite the contract and has anyone double checked all the Insurers involved given permission to trade in the UK after 1/1/21?

 

[newtothis]

Are you able to tell us what great opportunities have become available since Brexit that were not there before, and what great opportunities we might expect to become available in the future?

If you can't manage that, how about some small opportunities to be going on with?

I think we can safely say the UK is going to become the world leader in small opportunities.

 

[dom]

It is plain to see that many/(most?) believe those who either voted for, or can see the opportunities of Brexit are risible idiots.

One hopes that this group is equally generous in its praise for those who subsequently do rather well investing in exactly these.

 

[Charlie Boy]

It is plain to see that many/(most?) believe those who either voted for, or can see the opportunities of Brexit are risible idiots.

One hopes that this group is equally generous in its praise for those who subsequently do rather well investing in exactly these.

I wonder who they would be then?
Let’s have a guess, I’ll get the ball rolling, Dyson.

 

[newtothis]

It is plain to see that many/(most?) believe those who either voted for, or can see the opportunities of Brexit are risible idiots.

One hopes that this group is equally generous in its praise for those who subsequently do rather well investing in exactly these.

You still haven't said what the opportunities are, other than something vague about sci/tech. Please, what are the opportunities afforded by Brexit that were not already there?

 

[Poignard]

You still haven't said what the opportunities are, other than something vague about sci/tech. Please, what are the opportunities afforded by Brexit that were not already there?

And what opportunities will it offer for the rank & file of the Brexit movement, especially in science and technology, where there are few opportunities for people without a good science degree. Perhaps they can get jobs washing out the test tubes?

 

[Blue Sunray]

It is plain to see that many/(most?) believe those who either voted for, or can see the opportunities of Brexit are risible idiots.

One hopes that this group is equally generous in its praise for those who subsequently do rather well investing in exactly these.

 

[Frogmogman]

I wonder who they would be then?
Let’s have a guess, I’ll get the ball rolling, Dyson.

Jim Ratcliffe,

Jacob Rees Mogg,

Boris' mates

 

[Poignard]

I wonder who they would be then?
Let’s have a guess, I’ll get the ball rolling, Dyson.

Farage has done far better out of Brexit than he would out of his career in the City.

 

[greeny]

The truth is that there are no benefits for the majority of people yet. And the EU is doing its damned-est in the negotiations to make sure there aren't any in the future.

 

[Graham376]

The truth is that there are no benefits for the majority of people yet. And the EU is doing its damned-est in the negotiations to make sure there aren't any in the future.

If tariffs are introduced on goods imported from the EU, there may be a chance for UK manufacturers to become more competitive for home market. Maybe time for another "Buy British" campaign. It pisses me off to buy such things Jabsco heads service kits at a silly expensive price for low cost injection moulded items with very little labour input and find they're made in China. British industry is very good at innovation but rubbish at following through.

 

[Poignard]

The truth is that there are no benefits for the majority of people yet. And the EU is doing its damned-est in the negotiations to make sure there aren't any in the future.

The EU is doing its best to ensure that the benefits its Member States enjoy are not lessened by Brexit; as it has every right to do.

 

[greeny]

The EU is doing its best to ensure that the benefits its Member States enjoy are not lessened by Brexit; as it has every right to do.

I don't disagree.

 

[Seven Spades]

If tariffs are introduced on goods imported from the EU, there may be a chance for UK manufacturers to become more competitive for home market. Maybe time for another "Buy British" campaign. It pisses me off to buy such things Jabsco heads service kits at a silly expensive price for low cost injection moulded items with very little labour input and find they're made in China. British industry is very good at innovation but rubbish at following through.

The biggest problem is that we have not had a government in this county that understands small business since John Major took over. The red tape is horrendous, impossible expectations and worse of all overheads. There is no reason for any of our high streets to be full of charity shops it doesn't happen in other countries it is a structural problem. The government front ends overheads so unless you do generate a certain amount of profit from day one you are going to burn through all your capital before you have a chance. I remember in the early 1990's a small butcher was telling me he had to pay £8000 a year for rates and then rent on top. Back then you could employ people on 12000 a year so it represented a lot of meat. He was so depressed. In other countries taxes are levied on profits so even in areas where turnover is low shops still exist because they are only taxed on the profits they make.

 

[Graham376]

It seems UK rents and rates are far higher than some other countries but I've no idea about their taxes. When I sold my last business (retail furniture) 21 years ago, we were paying about £27k rent for 9000 sq feet, plus rates, heating, lighting, delivery vans and wages on top, before we took a penny. We weren't even in a town centre location which would have doubled the rent. Long leases and high town centre rents are certainly party to blame for some of the large stores closing down but spare a thought for the small shop owners going bust, they will almost certainly have personal guarantees for rent or bank loans so many stand to lose their houses as well. Same of course for laid off staff who can't pay their mortgages.

The next few years are going to be bad, made even worse by Covid but there will be chances for new businesses to set up. People moan about UK not being ready but, it seems the EU aren't either

 

[Bru]

Well getting back to the crux of the matter, although i don't need to renew until March I've obtained a quote from Pants and it's not a lot more expensive

What's more, they'll accept a survey that's up to five years old and *may* accept an owner's condition report in lieu so hopefully i can dodge the expense of a survey at least this year

The quote is from Pantaenius UK Ltd regulated by the UK FCA. The underwriters are all German still but i can't see any issues with that personally

I suspect it wasn't worth sorting out separate UK regulatory approvals etc for both the Pantaenius and Yachting24 operations

So all is not lost perhaps but the options available have been drastically reduced

 

[Tomahawk]

Whenever I read the howls of anguish of the moaning remainers I am reminded of my A level English text..

Poor old daddy, just one of those sturdy plants left over from the Edwardian era wondering why the sun doesn't shine any more.

Meanwhile whilst France seeks to protct it's featherbedded fishermen... this..

Ghost Fleet: Battling slavery in Thailand’s seafood industry

 

[Bru]

Whenever I read the howls of anguish of the moaning remainers ...

Yes well so far Brexit has increased my insurance costs, scuppered my long term cruising plans and i still haven't got my unicorn

Remind me again of just exactly how I'm going to benefit from it?

 

[Tomahawk]

If you really sre so unhappy at living here, go and live in Europe. There is no lock on the gate.
Claim political asylum.. Say you are prosecuted for wanting to be governed by un elected and unaccountable career politicians. Forget Common Law. Live under the Napoleonic code. Life will be better.

At lesat in three years I will be able to vote the bumbliing bufoon Borris out of office. But you will be stuck with Von Der Lyden until she, not you, decided to retire. What’s not to like?

 

[Bru]

Firstly i don't want to live in Europe

Secondly, thanks to Brexit, i no longer have the option to do so (oh the irony of being told by a brexiteer to do something that Brexit made impossible!)

Thirdly where did i say i was unhappy living in the UK? I'm not. I am however deeply unhappy with the path the land of my birth has been following for much of my adult life.

A nation that for centuries was at the forefront of the development of the human race is now regressing at a rate of knots. It is a regrettable setback which won't, of course, last forever but it will undoubtedly set our nation and our place in the world back decades

And i note that as usual you've completely failed to come up with one single benefit of Brexit and tried, also as usual, to play the man not the ball

And i still haven't got my bloody unicorn!