It has started. Hard currency only please.

[clearedforlanding]

Brexit: Edinburgh International performers don't want to be paid in pounds - CNN

[Zigenare]

Brexit: Edinburgh International performers don't want to be paid in pounds - CNN

Today is the 7th, do you not think the more squirrel eyed of the remoaners has reported on this?

https://www.contractoruk.com/forums/...ue-brexit.html

[BrilloPad]

Today is the 7th, do you not think the more squirrel eyed of the remoaners has reported on this?

https://www.contractoruk.com/forums/...ue-brexit.html

But no-one cares what happens in Scotland.

Until there is another referendum and the UK gets to vote what we can be sure of getting rid of them.....

[clearedforlanding]

Brexit: Edinburgh International performers don't want to be paid in pounds - CNN

Oh tulip, sorry. That makes it positive news then.

[original PM]

Well we can quote the rate in pounds and then give them the payment in euro's or dollars

minus a commission fee for the currency exchange obviously.

[Mordac]

Someone will be along shortly to remind us that Scottish pounds are actually LEGAL TENDER despite looking like something you get with a Happy Meal...

[NotAllThere]

Well we can quote the rate in pounds and then give them the payment in euro's or dollars

minus a commission fee for the currency exchange obviously.

Yeah.... usually, when people request payment in $ or € to protect themselves against currency fluctuation, they quote a $ or € rate. But then, it'd be a bit much for you to understand the basics of foreign trade.

Anyway, the article says that the organisers spent £1M on dollars and euros in 2018 to pay foreign artists, which indicates people have been quoting in $ and € all along, and aren't suddenly doing it because of Brexit. What's changed is that the organisers did this last year to protect themselves from going wildly over budget due to currency fluctuations, and may do it again this year - but it's expensive, so they're not sure they can keep doing it.

[BrilloPad]

What's changed is that the organisers did this last year to protect themselves from going wildly over budget due to currency fluctuations, and may do it again this year - but it's expensive, so they're not sure they can keep doing it.

Then lets support the UK and buy British.

As you always say, Britain First. From your Swiss hideout.....

[Zigenare]

Yeah.... usually, when people request payment in $ or € to protect themselves against currency fluctuation, they quote a $ or € rate. But then, it'd be a bit much for you to understand the basics of foreign trade.

Anyway, the article says that the organisers spent £1M on dollars and euros in 2018 to pay foreign artists, which indicates people have been quoting in $ and € all along, and aren't suddenly doing it because of Brexit. What's changed is that the organisers did this last year to protect themselves from going wildly over budget due to currency fluctuations, and may do it again this year - but it's expensive, so they're not sure they can keep doing it.

Wow, what an amazing concept! This could be a fantastic plan "B" - I'll call it "Hedging".

[Zigenare]

Wow, what an amazing concept! This could be a fantastic plan "B" - I'll call it "Hedging".

Ooops, just done some googling and it looks like companies and other organisations are doing this kind of thing all the time.

Oh well.