Another one bites the dust...

Brexit news....

Royal London, the UK’s largest mutual and pensions company, this month won court approval to transfer policies to its Irish unit.

“It is worth reiterating that this is not a scheme that Royal London has chosen to implement for its own commercial purposes. It has been forced to do so by the continued uncertainties over Brexit,

Royal London
 
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So, in the next few days we will be hearing from all UK based airline companies saying exactly the same "Brexit made us collapse" .
No. But those dedicated to European destinations only, might. There was no warning from the airline.
Fortunately, it may be a positive result for those European carriers remaining.(y)
 
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Brexit news....
The UK economy is 2.5 per cent smaller than it would be if the UK had voted to remain in the European Union. The latest update of the Centre for European Reform’s calculation of the cost of Brexit in the second quarter of 2018 shows the damage is growing even though the UK has yet to leave the bloc. The knock-on hit to the public finances is now £26 billion per annum – or £500 million a week.

John Springford.
 
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Flybmi is owned by the same mob who own Loganair, who are taking over some of flybmi routes.
I guess we will have a shrinking airline business in the run up to Brexit. Hoorah! Who knows, we may even whittle it down to just a couple if the UK endures hard Brexit.

Thanks for the news.(y)
 
The travel bloke on the BBC said airlines were suffering from too many seats & not enough bums to go on them, fuel & tax price rises aren't helping, it's only going to get worse, here, in europe & globally and they are still on about expanding Heathrow.
 
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