Go Back  PPRuNe Forums > PPRuNe Social > Jet Blast
Reload this Page >

Made in Britain.

Jet Blast Topics that don't fit the other forums. Rules of Engagement apply.

Made in Britain.

Old 10th Mar 2008, 12:07
  #1 (permalink)  
Thread Starter
 
Join Date: Aug 2007
Location: East Anglia.
Posts: 416
Made in Britain.

http://news.bbc.co.uk/1/hi/business/7287156.stm
Avitor is offline  
Old 10th Mar 2008, 12:12
  #2 (permalink)  
 
Join Date: Feb 2007
Location: Stockport
Age: 64
Posts: 1,037
Just read this on BBC, is there anything left in Britain that is British owned or built, I think I`m going to sell my house to a Mongolian Bank and lease back
as we can`t even afford to own our own houses nowadays


Ian
Ian Brooks is offline  
Old 10th Mar 2008, 12:15
  #3 (permalink)  
 
Join Date: Nov 2007
Location: East Ecosse
Age: 66
Posts: 453
Ian Brooks

Ah that'll be a Sharia mortgage then? Watch this Budget space...
mustpost is offline  
Old 10th Mar 2008, 12:18
  #4 (permalink)  
 
Join Date: Feb 2007
Location: Stockport
Age: 64
Posts: 1,037
Yeah guess your right on that but the payment are 6 sheep a month
and you can buy them from a farmer for peanuts ( now that is another story )

Ian
Ian Brooks is offline  
Old 10th Mar 2008, 12:26
  #5 (permalink)  
 
Join Date: Oct 2002
Location: London UK
Posts: 6,062
Just to clarify here, what BAA is selling is the "World Duty Free" brand shop selling typically the drink, tobacco, perfume, etc. These shops were owned and operated directly by BAA. They are just a small fraction of the overall retail floorspace in the terminal.

So they will just be an outsde brand the same as the WH Smith, Boots, Costa Coffee, et al which operate in the terminal. No reduction of floorspace, just moving to 100% of the retail brands being owned by outside companies.

Retailers actually get to operate in the terminal entirely at the invitation of BAA, who control what percentage of the take (typically large) they will have for themselves. This step just puts all shops on the same basis rather than BAA opeating one of them directly.

Stephen Nelson, BAA Chief Exec until his departure was anounced last week, is from a retail background (ex-director of Sainsburys) and thus a shop man at heart. presumably he was against this which is why he has gone. However Ferrovial need the money to reduce their debts. Travellers will not notice anything apart from some rebranding.
WHBM is online now  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Thread Tools
Search this Thread

Contact Us Archive Advertising Cookie Policy Privacy Statement Terms of Service

Copyright 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.