Macroeconomics: UK economy, IB Economics
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Macroeconomics: UK economy, IB Economics
A brief overview of relevant articles for IB and A-Level all relating to the UK economy
Curated by Graham Watson
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Brexit: Seaborne Freight no-deal ferry contract scrapped

Brexit: Seaborne Freight no-deal ferry contract scrapped | Macroeconomics: UK economy, IB Economics | Scoop.it
The government says it has ended a controversial contract with a ferry company that had no ships.
Graham Watson's insight:

I'm sure that Brexit, the play - a farce, presumably, perhaps subtitled "Oops, Mrs.May There Go My Bloomers" - has already been written. However, this little sub-plot must surely be included.

 

The contract with Seaborne Freight, a company with no ferries, to provide ferries from Ramsgate, in the aftermath of Brexit has been cancelled, because its Irish backer, Arklow Shipping has withdrawn its support. Who could have predicted this? 

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Ferry firm insists it will be ready for no-deal Brexit

Ferry firm insists it will be ready for no-deal Brexit | Macroeconomics: UK economy, IB Economics | Scoop.it
Seaborne says it will be ready for Brexit, despite fears the Ramsgate-to-Ostend line is behind schedule.
Graham Watson's insight:

You heard it here first: Seaborne Freight will be in a position to run Ramsgate to Ostend ferries by 29 March.

 

That is all. But it's symptomatic of the farce that Brexit has become, that this degree of preparedness is the norm.

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Brexit: Budget cuts threaten Ramsgate ferry plan

Brexit: Budget cuts threaten Ramsgate ferry plan | Macroeconomics: UK economy, IB Economics | Scoop.it
A council's proposed budget cuts puts Seaborne's planned Ramsgate to Ostend ferry service at risk.
Graham Watson's insight:

There are some aspects of Brexit that defy explanation: this is one.

 

Apparently, the decision of Thanet council about spending cuts has implications for the future of Ramsgate as a ferry hub for services to Ostend. That £13.8m contract with Seaborne Freight, who themselves own no ferries, looks like a stroke of genius in this light.

 

Government failure?

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Ramsgate 'can not be ready' for Brexit ferries

Ramsgate 'can not be ready' for Brexit ferries | Macroeconomics: UK economy, IB Economics | Scoop.it
The councillor for the harbour area says the port will not have the facilities for planned cargo freight.
Graham Watson's insight:

I'd love to say that you couldn't invent this; alas, I'd be wrong. It's an all too common feature of Brexit discussion these days. However, it appears that Ramsgate isn't open for business according to the councillor for the harbour area. 

 

Well worth spending £13.8 million on ferries from a company - currently without ferries - and seemingly better-suited to delivering takeaway food. 

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