Another lost tax source
As more and more companies plan their future to remain inside the EU after Brexit, it is sad to see the registration of P&O cross channel fleet, under the flag of Cyprus. Travellers on the Dover to Calais will see the difference.
The “Red Duster” or “Red Ensign” has been used on British merchant ships since 1707.
What this will say to European and overseas visitors is that the UK has turn its back on Europe. Expect more ships to be re-registered. Could be the end of the UK maritime fleet.